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BBI: Isle of Man savings bank release one year fixed rate bond | IceNews

BBI: Isle of Man savings bank release one year fixed rate bond | IceNews
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Offshore savings bank rebrands website and accounts | IceNews

Offshore savings bank rebrands website and accounts | IceNews
icenews.is - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icenews.is Daily Mail and Mail on Sunday newspapers.

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As yields creep up, BOJ's Kuroda calls for 'stably low' rates


By Leika Kihara
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Friday stressed the need to keep interest rates “stably low” to protect an economy ravaged by the COVID-19 pandemic, warning that prospects for a recovery were fraught with uncertainty.
Kuroda also said the central bank was already flexibly purchasing exchange-traded funds (ETF) under current guidelines, pointing to a recent slowdown in buying as Japanese stock prices hover at multi-year highs.
“It’s important now to keep the entire yield curve stably low as the economy suffers the damage from COVID-19,” Kuroda told parliament, when asked whether the BOJ will allow long-term rates to deviate further from its 0% target. ....

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