Monday, June 12, 2006

Why Japanese interest rates will remain low

: focus on Japan

Anatole Kaletsky of the Times reports on his impression of where B of J rates will go following his recent trip to Japan

Posted by nimmmm @ 10:17 PM (569 views)
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3 thoughts on “Why Japanese interest rates will remain low

  • Japanese Uncle says:

    Zero interest rates regime in Japan is the product of the Japanese bankers and bureaucrats being in each other’s pocket, where even a blockhead can run banks, given their cost of borrowing being NIL! Lower IR (than those in UK/USA at all times) is no economic necessity but political convenience. In return for such favour by the BoJ and MoF (Ministry of Finance), banks have been traditionally accepting retiring petty officials as bank executives, often as CEO.

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  • I have never or can ever take that prat seriously

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  • JU, your comments are valued.

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