Morgan Stanley is paying attention to the remarks of the Governor of the Bank of Japan regarding the "appropriate level of interest rates"
According to a report by Jinshi, Morgan Stanley's Japanese economist Takeshi Yamaguchi stated that the bank is paying attention to any remarks made by Bank of Japan Governor Haruhiko Kuroda at press conferences regarding what he considers the "appropriate interest rate level." He believes that after today's slight rate hike, the BOJ's policy remains "accommodative," and the impact of ending negative interest rates on the Japanese economy will be "negligible."
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