Thought the Bank of Japan, for the "inspection" of monetary easing that is to publish the results in the prospect of the next month of the meeting, Akio Negishi chairman of Life Insurance Association, to expect the appropriate response, which was also considered to side effects of monetary easing Was shown.
The Bank of Japan will carry out "inspections" to implement more effective and sustainable monetary easing in order to achieve the target inflation rate of 2%, and will use the results as a monetary policy decision next month. our policy is to publish a meeting in prospect.
Regarding this, Chairman Negishi of The Life Insurance Association of Japan said at an online press conference, "Abnormally low interest rates have continued for a long time, and side effects such as a decline in financial intermediation function and a decline in yields such as pensions are increasing year by year." Said.
He added, "I hope that appropriate policy adjustments that take side effects into consideration will be considered. It is important to continue to listen to the opinions of the market and communicate with each other." Side effects of monetary easing measures He expressed his expectation for an appropriate response that also takes into consideration.
Regarding the rise in long-term interest rates to 0.1% for the first time in two years and three months, "The BOJ's monetary policy has not changed, and monetary easing has continued globally, so long-term interest rates will remain for a while. I think we will maintain the current level. "