Nearly half of Japan firms want BOJ to revise negative rate policy: Reuters poll

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Nearly half of Japan firms want BOJ to revise negative rate policy: Reuters poll
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Nearly half of Japanese firms say that new leadership at the central bank should revise its negative interest rate policies, while more than a quarter say its price target should be changed, according to a Reuters monthly poll.

Only 9% said the BOJ should scrap its yield curve control policy, a trading band for bond maturities that has come under increasing attack by speculators. Even so, a majority of companies, 62%, said a normalisation of monetary policy would not have a good or bad impact on their business.

Kuroda was rated in the top two quintiles by 40% of managers, compared with 14% who put in the bottom ranks.

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