Prolonged Low Interest Rate to Risk Exessive Easing: BOJ Chief
Tokyo, Dec. 25 (Jiji Press)--Bank of Japan Governor Kazuo Ueda warned Wednesday that if the BOJ keeps its policy interest rate at the current low level for a prolonged period, the move could make the central bank's monetary easing "excessive." The bank will "raise the policy interest rate and adjust the degree of monetary accommodation" if it sees the economy and prices continue to improve ...
Tomas Kauer - News Moderator 
Tokyo, Dec. 25 (Jiji Press)--Bank of Japan Governor Kazuo Ueda warned Wednesday that if the BOJ keeps its policy interest rate at the current low level for a prolonged period, the move could make the central bank's monetary easing "excessive." The bank will "raise the policy interest rate and adjust the degree of monetary accommodation" if it sees the economy and prices continue to improve ...
