Japan's COVID payouts strain lenders, expose BOJ policy flaws
Published on: Tuesday 08 February 2022
A surge in deposits caused by the government's huge cash payouts is straining some Japanese lenders, complicating the central bank's efforts to mitigate the side-effects of its negative interest rate policy.
News source: https://www.reuters.com/markets/asia/japans-covid-payouts-strain-lenders-expose-boj-policy-flaws-2022-02-09/
