Ex-BOJ Wakatsuki - No return to zero rates

The Bank of Japan (BOJ) is likely to keep the key short-term rate target at 0.25 percent for some time, and a return to providing free money was improbable, former BOJ director Mikio Wakatsuki said on Jan. 25. "I think the BOJ will keep the key short-term rate at 0.25 percent until Japan's economic recovery becomes firm," Wakatsuki said in an interview.

"It is hard to imagine that economic conditions would turn for the worse to necessitate a return to the zero rate policy," he added. Wakatsuki

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