Elite Economy Japan’s Recession: How the Government and the BOJ Are Trying to Revive the Economy The Bank of Japan has been persisting with its negative interest rate policy, but the disappointing GDP figure has cast doubt on the bank’s strategy of stimulating inflation through domestic demand.
currency Japan's Recent Currency Troubles Explained With interest rates below zero, banks had to pay to park their excess reserves at the central bank. It aims to stimulate economic growth, encourage lending but negative interest rates can also diminish the attractiveness of the yen