BoJ to explore delving deeper into negative rates - Nikkei

According to an article published in the Nikkei, the Bank of Japan (BoJ) will explore delving deeper into negative rates.

Key quotes from the article (via Nikkei):

"The Bank of Japan plans to position taking interest rates further into negative territory as the centerpiece of its future easing program as expansions to asset buying near their effective limit."

"The BOJ is expected to compile a review concluding that the economic benefits of the minus 0.1% deposit rate announced in January outweigh the side effects."

"Any decision to take rates deeper below zero will require careful consideration of the yen's exchange rate and the state of the broader economy. The matter will be discussed at this month's meeting"