BOJ's Amamiya: Loose policy has boosted corporate spending appetite

Omkar Godbole FXStreet Contributor

Bank of Japan's (BOJ) loose monetary policy has boosted corporate fund demand and companies' spending appetite, Deputy Governor Amamiya said on Thursday.

The central bank has been running a massive stimulus program since 2013. As of now, BOJ's interest rate stands at -0.10% and the bank maintains the 10-year target of 0.00%. Even so, the economy remains miles away from BOJ's inflation target of 2%.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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