MNI INTERVIEW: BOJ At Crucial Point; Zero Rate Return Possible

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Jul-04 05:14By: Hiroshi Inoue
Bank of Japan

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The Bank of Japan's scenario for wage hikes and rising services prices is at a critical juncture, and in a worst-case outcome it could have to lower the 0.5% policy rate back to zero, a former BOJ chief economist told MNI. Recent data, including the...