Bank of Japan governor still at the press conference 16 June 2016
- Brexit affecting drop in bond yields
The Brexit-blame card now appearing, not for the first time today I'm sure with SNB and BOE to follow.
- BOJ in close contact with CBs including BOE
Oh to be fly on the wall.
- negative rates having impact on borrowing costs
- need some time for neg rates to impact economy
- aware neg rates could weigh on banks
- BOJ will conduct policy in forward looking way
