If the central bank wants to act against too low inflation, it generally reduces interest rates, making it more cheap to borrow and less attractive to save.
Commercial banks may of course choose to lower interest rates for savers.
At the same time, though, consumers and businesses can borrow more cheaply and this helps stimulate mid term economic recovery for Japan as I think despite of the us rate hike
Commercial banks may of course choose to lower interest rates for savers.
At the same time, though, consumers and businesses can borrow more cheaply and this helps stimulate mid term economic recovery for Japan as I think despite of the us rate hike