We are living in an era in which monetary policies are needed in order to drive away economic crises.On January 29 the Bank of Japan(BOJ),the country’s central bank,said that it would apply a0.1-percent fee on new ...We are living in an era in which monetary policies are needed in order to drive away economic crises.On January 29 the Bank of Japan(BOJ),the country’s central bank,said that it would apply a0.1-percent fee on new deposits held by commercial banks at the BOJ—in essence adopting a negative interest rate.展开更多
文摘We are living in an era in which monetary policies are needed in order to drive away economic crises.On January 29 the Bank of Japan(BOJ),the country’s central bank,said that it would apply a0.1-percent fee on new deposits held by commercial banks at the BOJ—in essence adopting a negative interest rate.