BOJ's Kiuchi: Monetary policy uncertainty increased since negative rates

More comments flowing in from BOJ’s Kiuchi as we head into the early European trades, with the central banker continuing to express his disagreement with the negative interest policy.

Key Quotes:

Lower borrowing costs from neg rates aren't leading much to increase in bank lending

Scrapping neg rates will help alleviate concerns over banks profits

Targeting 2% inflation to be achieved in near future lacks feasibility

BOJ market communications have worsened with neg rates

Mon pol uncertainty increased since neg rates

BOJ doesn't have any policy left with large effects

BOJ and other central banks in close contact for any Brexit fallout