Haruhiko Kuroda told about the long-term ratesMonday, 10 October 2016 17:49
Haruhiko Kuroda, who is the head of the Central Bank of Japan, said that the main problem of global banks today is the low inflation and insufficient growth. He noted that Japan might lodge an example to other countries in addressing these issues. He stressed that the low level of interest rates made the economy weaker and resulted to the rapid fall in profits in the largest banks.
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