William Saito, Entrepreneur, on Japanese interest rate decision.

Jan 29, 2016, 05:29 PM
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The markets have responded well to the Bank of Japan's decision to introduce negative interest rates. Dubbed the 'Kuroda bazooka' after Bank Governor Haruhiko Kuroda, the benchmark rate of -0.1% means commercial banks will be charged for some deposits. Earlier Share Radio's Robert Van Egghen spoke to William H. Saito, entrepreneur and special advisor to the Japanese government.