BOJ cuts key interest rate to -0.1%, will cut lower if needed

25 March 2016, 23:31
Seth Dompreh
Japan’s central bank is stepping up its efforts to kick-start the country’s struggling economy by taking a key interest rate into negative territory. The Bank of Japan said Friday that it will cut the rate on current accounts that commercial banks hold with it to minus 0.1%, adding that it will push the rate more
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