BoJ officials say the assessment would hint at the likely results of a lower negative rate on commercial banks, and would serve as a basis for measures the central bank could take to alleviate the side effects of such a move, the people said.(File pic shows BOJ building.)
TOKYO: At this week’s policy review, the Bank of Japan (BoJ) is considering releasing an analysis of the potential impact of lowering its negative interest rate to show its determination to use this option if needed, according to people familiar with the matter.
BoJ officials say the assessment would hint at the likely results of a lower negative rate on commercial banks, and would serve as a basis for measures the central bank could take to alleviate the side effects of such a move, the people said.
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