TOKYO -- The Bank of Japan has remained bullish about its decision last Friday to adopt a negative interest rate policy for the first time. BOJ Gov. Haruhiko Kuroda called it "the most powerful monetary policy framework in history" in a speech on Wednesday.
On hearing the news, Japanese foreign exchange and equity markets certainly looked like they were ready to say sayonara to the risk-averse mood that has prevailed in global markets since the beginning of the year.
