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Capital Markets & IT -lakyara vol.240 Capital Markets

Who is hurt worst by negative rates?

Jun. 10, 2016

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While the BOJ's negative interest rate policy's adverse impact on financial institutions cannot be ignored, the one ultimately hardest hit by NIRP may be the BOJ itself when it attempts to normalize its currently ultra-accommodative monetary policy.

About the Author

Masaya Sasaki

Senior Economist

Center for Strategic Management & Innovation

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