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26.02.2016, 10:19

Bank of Japan Governor Haruhiko Kuroda: the central bank could cut its interest rate further

Bank of Japan Governor Haruhiko Kuroda said on Friday that the central bank could cut its interest rate further.

"It is technically possible to implement a larger negative rate, although I couldn't say with certainty how far we can go," he said.

Kuroda defended the central bank's move to implement negative interest rates, saying that the central bank wants to achieve price stability.

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