February 16, 2017 BY Valentina Kirilova

BOJ Governor Kuroda warns low rates may start a new financial crisis

Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could start a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks, Business Insider reported earlier today. Mergers and consolidation may be among options for financial institutions to boost profitability, Kuroda…

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