日本銀行再次調整負利率

剛出的消息 , 以下

The Bank of Japan has adopted negative interest rates in their first benchmark rate move in five years, but has also chosen not to expand its quantitative and qualitative easing programme beyond its current level of buying Y80tn assets a year.

The BoJ has adopted a benchmark rate of -0.1 per cent, from a previous level of 0.1 per cent. It is the first time they have moved interest rates since October 2010.

The call was a narrow one: the decision to introduce a negative rate was the result of a 5-4 majority vote.

The BoJ also indicated it has not ruled out further imminent easing, saying “it] will cut the interest rate further into negative territory if judged as necessary.”

The BoJ said the motivation was the desire to reach its 2 per cent inflation target “at the earliest possible time.” The timeframe for reaching that was delayed again today: originally hoped for in 2015 when it was announced in 2013, last October it was pushed back to late 2016/early 2017. Today a further delay of up to a year was announced.

The BoJ stuck with its language saying theJapanese economy “has continued to recover moderately” but noted recent market volatility and declines in crude oil prices are weighing on any hope of inflation. For these reasons the “conversion of the deflationary mindset might be delayed,” it said.

Most economists had expected the BoJ to stay on the same course, although investors are looking to central banks for additional support given falling stock prices. Deflationary pressures – largely energy-related, as oil prices remain low – and the risks they pose to the BoJ’s inflation expectations are consistently cited as a likely motive for further easing.

In December the BoJ tweaked policy slightly when it announced it would extend the average maturity of government bonds in its portfolio – an effort to flatten out the yield curve – and also announced a new ETF purchase programme. The BoJ said it would extend the average maturity of its government bond holdings to 7 – 12 years, from 7-10 years, and also established a programme to purchase ETFs at an annual pace of about Y300bn yen, in addition to the current programme in which it buys about Y3tn of ETFs. The new scheme will begin in April.

http://www.ft.com/fastft/2016/01/29/boj-adopts-negative-interest-rate/

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之前01上力挺三支箭的專家們現在不知道賺了? 還是賠到內褲都沒了?
2016-01-29 12:16 #1
經濟學模型陷入 刺激投資 -> 創造就業 -> 經濟成長 的無限循環陷阱中

所以,無論用甚麼方式都要刺激投資
也就是讓資本家獲利,這是最重要的目的
當然,薪資帶得起來最好,帶不起來也只能鼻子摸摸

所以,寬鬆,低利(相對的投資的利潤就會較高),創造通膨(提高物價拉高利潤空間) 等手段都出現
然後一大堆產能卻面臨消費力道降低(薪資帶不上,人口減少)
但是,又要刺激投資創造就業同時業創造出更多過剩供給。。。然後無限循環

誠實面對 人口減少,生產效率上升,產能相對於需求過剩
是當地讓經濟緩慢下滑
才是根本之道(或許日本先前的通縮反而是正常的,安倍只是庸人自擾!)
三枝箭失敗啦
太相信美國學術論點
日本是最佳例子
劉肯尼 wrote:
剛出的消息 , 以...(恕刪)


沒救了啦

美式資本主義 已經信用破產了

聯準會 現在也沒多少人會鳥它了
整個世界經濟都玩壞了,貨幣價值要開始亂七八糟了
而且你不跟著一起玩火,就會被別人給燒死
搞到最後大家都著火了.....

安倍應該覺得很OX,他的政策根本打不過外在環境

日本狀況特殊,他把寬鬆的資金大量丟入自己的股市........真的下跌日本自己也受不了阿
翻一下舊文,找到了⋯⋯

不過他停權很久了,忽然有點懷念他⋯⋯






風間 真 wrote:
翻一下舊文,找到了...(恕刪)


真的

人才外流,愈來愈少了。
負利率會逼使日本人改存現鈔,
或購買強勢貨幣,
會讓日圓再度貶值,
亞洲貨幣競貶會再起.
再來借錢的人有利息賺看來不是夢
評分
複製連結