Tadaaki Kumagai and Gov Haruhiko Kuroda

Nikkei: The report by the Nikkei news service came while Gov, according to The Japan Times. Haruhiko Kuroda and the board were in the closing stages of a two-day policy meeting. We’ll start by examining the situation carefully, including the possibility that it was just based on speculation, said Tadaaki Kumagai, a spokesman for the BOJ. Kumagai would not comment further. It sparked sharp moves in the yen and the Japanese stock market before the policy statement was released at 12:38 p.m. in Tokyo on Jan. 29. The Nikkei report said that negative rates were being discussed due to growing concern about downward pressure on Japan economy and inflation because of low oil prices and the slowdown in China. Markets then zigzagged throughout the afternoon as investors digested the news. (news.financializer.com). As reported in the news.