boj minutes, 2024-01-23
With regard to the termination of the negative interest rate policy, one member noted that, if the Bank were to return to the situation that existed before introducing this policy, this would mean that it would apply a 0.1 percent interest rate to current accounts held by financial institutions at the Bank, encouraging the uncollateralized call rate to hover in the range of 0 to 0.1 percent.
Sentiment: neutral
Topic: mp_interest_rate