Besides raising stock prices, the main idea behind QQE with a negative interest rate was to further weaken the Yen.
This effect could not be seen since the Introduction of QQE with a negative interest rate.
It is assumed that because of the "risk-off mode" of global investors demand for the "safe haven" Yen has increased, leading to an appreciation of the yen.
This effect could not be seen since the Introduction of QQE with a negative interest rate.
It is assumed that because of the "risk-off mode" of global investors demand for the "safe haven" Yen has increased, leading to an appreciation of the yen.
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