BOJ launches negative interest rate to beat deflation

Bank of Japan Governor Haruhiko Kuroda (L) attends a House of Representatives Budget Committee in Tokyo on Feb. 16, 2016. The central bank introduced its first-ever negative interest policy on the day to conquer deflation as the Japanese economy faces the risk of downturn amid uncertain prospects about the global economy. (Kyodo) ==Kyodo

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ILEA000083679

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2016/2/16 10:41:25

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Kyodo / Kyodo News Images

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BOJ launches negative interest rate to beat deflation

Bank of Japan Governor Haruhiko Kuroda attends a House of Representatives Budget Committee in Tokyo on Feb. 16, 2016. The central bank introduced its first-ever negative interest policy on the day to conquer deflation as the Japanese economy faces the risk of downturn amid uncertain prospects about the global economy. (Kyodo) ==Kyodo