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Bank of Japan Decides Negative Interest Rates
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<p>[QUOTE="gxseries, post: 2336904, member: 4373"]The whole idea of negative interest rate is that Japan is in an unique situation where deflation has been persistently going on for the past TWENTY+ years. </p><p><br /></p><p>While there were some minor success in breaking out of the vicious deflation cycle a couple of years ago, Japan has fallen into recession again and some extreme measures are needed.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 2336904, member: 4373"]The whole idea of negative interest rate is that Japan is in an unique situation where deflation has been persistently going on for the past TWENTY+ years. While there were some minor success in breaking out of the vicious deflation cycle a couple of years ago, Japan has fallen into recession again and some extreme measures are needed.[/QUOTE]
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