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Economy

Negative rates slowly lifting Japan's economy: Kuroda

Bank of Japan Gov. Haruhiko Kuroda spoke with reporters Thursday.

TOKYO -- The Bank of Japan's negative interest rate policy is gradually boosting the real economy, Gov. Haruhiko Kuroda told reporters Thursday after a policy meeting in which the central bank decided against further monetary easing.

Thursday marked four months to the day since the BOJ implemented the controversial policy. Kuroda stressed its initial impact: bringing down rates across the yield curve.

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