As reported beforehand the Bank of Japan, which not even probably the most optimistic central bank watchers had anticipated would unleash anything remotely as aggressive to forestall price discovery, stimulate asset prices and boost the exporting of deflation, became the newest central bank who, after a 5 to four vote, unleashed the financial neutron bomb of Destructive Interest Rates in the course of pulling an anti-Draghi and surprising markets, even if admitting it may well no longer boost QE because of beforehand mentioned considerations it would run out of monetizable bonds within the very near future.
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