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BOJ easing heading in right direction with negative rates – Japan’s FinMin Aso

FXStreet (Mumbai) - Japanese Finance Minister Taro Aso crossed wires via Reuters earlier today, noting that the BOJ monetary easing was heading in the right direction with the central bank's introduction of negative interest rates.

Key Quotes:


With adoption of negative rates, monetary easing is heading in the right direction

Negative rates would expand the framework for monetary easing

JPY: Japan joins the negative rates club - Investec

Research Team at Investec, notes that the Bank of Japan has joined the negative rates club by applying a -0.1% rate to excess reserves at the BOJ.
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Russia Interest rate decision remains unchanged at 11%

Russia Interest rate decision remains unchanged at 11%
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