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A Voice Of Liberty
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The #BoJ throws in the towel on Negative Interest Rate Policy (#NIRP), and starts actually paying banks to lend. Can central banks abandon their NIRP/ZIRP practices without creating hyperinflation? For the Fed, that seems unlikely. https://www.zerohedge.com/markets/transformation-shift-boj-gives-negative-rates-it-now-pays-banks-lend #news #economy

In Transformational Shift, The BOJ Gives Up On Negative Rates As It Now Pays Banks To Lend

In the grand scheme of things, we could see this as a policy normalisation as well as enhancing support for banks.

zerohedge.com

Aug 13 2020 · 5:30 PM

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