BOJ KOEDA: IF REAL INTEREST RATES CONTINUE TO DEVIATE MARKEDLY IN A NEGATIVE DIRECTION FROM THE NATURAL RATE OF INTEREST, UNINTENDED DISTORTIONS COULD ARISE IN FUTURE RESOURCE ALLOCATION

2026-05-21

BOJ KOEDA: IF REAL INTEREST RATES CONTINUE TO DEVIATE MARKEDLY IN A NEGATIVE DIRECTION FROM THE NATURAL RATE OF INTEREST, UNINTENDED DISTORTIONS COULD ARISE IN FUTURE RESOURCE ALLOCATION