ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Negative rates will work 'with time': Japan bank assn chief

TOKYO -- The Bank of Japan's experiment with negative interest rates will take time to work, argues the new head of the Japanese Bankers Association, expressing support for a policy that he acknowledges will hurt lenders' earnings in the short run.

      "Interest rates have declined overall, and with time, it will have the effect of rousing consumption and investment," Takeshi Kunibe told The Nikkei.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more