Bank of Japan introduces negative interest rate

To determine the current account  negative interest ratethe Bank of Japan a new monetary easing measures

Bank of Japan monetary policy decision meeting open until 29, decided to go ahead with interest rates that are attached to the part of the current account deposits that are entrusted from financial institutions in a new monetary easing to reduce the negative. This, and directed to lending huge amounts of money in the financial institutions that have built up in the Bank of Japan of the account, you can see that there is a steadily advance the aim of deflation.
Bank of Japan two days up to 29 days to open the monetary policy meeting, announced a statement.
And depends on it, for the interest rate that the Bank of Japan has been put on the amount that exceeds a certain level of the current account deposits that are entrusted from financial institutions, that the go ahead to a new monetary easing to reduce from the current 0.1% to 0.1% minus I decided. Minus interest rates has to be introduced from next month on the 16th.
This, from the fact that the benefits of financial institutions keep deposit need more funds to the Bank of Japan fades, as the Bank of Japan, the capital of financial institutions that have built up in the Bank of Japan's account, more aggressively to divert such as lending It is seen that there is a aim to encourage.


Bank of Japan, maintaining purchases frame 80 trillion yen of negative interest rates introduced long-term government bonds with additional mitigation measures

Bank of Japan ends the Monetary Policy Meeting of the 29th private bank has decided to introduce a "negative interest" to impose a 0 - 1% of the fee to the part of the funds that are deposited in the Bank of Japan. Bank of Japan is easing, purchases frame 80 trillion yen of long-term government bonds is maintained.

In addition, it was postponed to achieve time of 2% of the inflation target in the "2017 first half of fiscal around". Until now it had been the "around 28 the second half of fiscal". Of achievement time postponement is the third time.

Minus interest rate decision of the Bank of Japan, in favor of the five out of nine of the policy committee, 4 people were opposed.

■ negative interest

Private banks deposit in the Bank of Japan for the "current account", rather than the Bank of Japan pay interest, how the bank side for a fee. One of the additional monetary easing measures. Bank is to reduce the current account, increase the investment and lending increased, it is to be effective to stimulate the real economy.


日銀 新たな金融緩和策決定 当座預金金利マイナスに

日銀は２９日まで開いた金融政策決定会合で、金融機関から預かっている当座預金の一部につけている金利をマイナスに引き下げる新たな金融緩和に踏み切ることを決めました。これによって、日銀の口座に積み上がっている金融機関の巨額の資金を貸し出しに振り向けて、デフレ脱却を着実に進めるねらいがあると見られます。
日銀は２９日までの２日間、金融政策決定会合を開き、声明を発表しました。
それによりますと、日銀が金融機関から預かっている当座預金のうち一定の水準を超える金額につけている金利について、現在の０．１％からマイナス０．１％に引き下げる新たな金融緩和に踏み切ることを決めました。マイナス金利は来月１６日から導入するとしています。
これによって、金融機関が必要以上の資金を日銀に預けておくメリットが薄れることから、日銀としては、日銀の口座に積み上がっている金融機関の資金を、より積極的に貸し出しなどに振り向けるよう促すねらいがあるとみられます。

引用：NHK

日銀、追加緩和策でマイナス金利導入　長期国債の買い入れ枠８０兆円維持

日銀は２９日の金融政策決定会合を終了し、民間銀行が日銀に預けている一部の資金に０・１％の手数料を課す「マイナス金利」を導入することを決めた。日銀は追加緩和で、長期国債の買い入れ枠８０兆円は維持する。

　また、２％の物価上昇目標の達成時期を「平成２９年度前半ごろ」に先送りした。これまでは「２８年度後半ごろ」としていた。達成時期の先送りは３回目。

　日銀のマイナス金利決定は、９人の政策委員のうち５人が賛成し、４人が反対した。

　■マイナス金利

　民間銀行が日銀に預ける「当座預金」について、日銀が利息を支払うのではなく、銀行側が手数料を支払う仕組み。追加の金融緩和策の一つ。銀行が当座預金を減らすことで、投資や貸し出し増などを増やし、実体経済を刺激する効果があるとされる。

引用：産経新聞