boj minutes, 2024-03-19
From the research project currently underway, staff from the Financial System and Bank Examination Department reported on the following as part of a look back at financial intermediation over the past 25 years: (1) assessment of whether the financial intermediation function had led to a buildup of financial imbalances that could bring about significant adjustments to economic activity; (2) issues to be considered regarding the positive and side effects of the large-scale monetary easing measures on the financial system; and (3) the impact of low interest rate lending on firms' financial conditions.
Sentiment: neutral
Topic: financial_stability