BOJ's Kuroda says deepening negative rates is among options: Nikkei

Bank of Japan Governor Haruhiko Kuroda said cutting interest rates further into ...

Bank of Japan Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan July 30, 2019. REUTERS/Kim Kyung-Hoon

Cutting rates “further into the negative zone is always an option,” the newspaper quoted him as saying in the interview, held on Thursday. “There are various things we can do, such as combining various tools or enhancing them,” Kuroda was quoted as saying on what the BOJ could do if it were to ease again.

Life insurers and pension funds have seen the return on their investments decline significantly due to falling long-term yields, which could hurt consumer sentiment, he said.

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