Central Bank Of Japan Adopts Negative Interest Rates For The First Time Ever!
 Negative interest rates in Japan
The Impact of Bank of Japan's Negative Rate Decision
Bank of Japan launches negative rates
The decision to go negative came after a narrow 5-4 vote at the Bank of Japan's first meeting of the year 2016. The benchmark rate of -0.1% was designed to encourage them to use their reserves to lend to businesses in an attempt to counter Japan's economic stagnation.
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