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BoJ’s Ueda: Negative Real Rates Sustain Investment, Warns of Fiscal Crowding-Out Risks - ActionForex
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BoJ’s Ueda: Negative Real Rates Sustain Investment, Warns of Fiscal Crowding-Out Risks - ActionForex
Bank of Japan Governor Kazuo Ueda emphasized that monetary policy remains supportive, noting that real interest rates in Japan are still “clearly negative” and keeping financial conditions accommodative. At the same time, Ueda flagged a potential headwind from fiscal policy. He warned that increased government spending could drive up market interest rates, raising the risk […] The post BoJ’s Ueda: Negative Real Rates Sustain Investment, Warns of…
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