Swiss Economicblogs.org
Macroview Further action may come once the BOJ has fully reviewed the effectiveness of existing policies, but for now the focus is turning to the latest fiscal package On 29 July, the Bank of Japan (BOJ) announced that it would keep the current pace of monetary base expansion unchanged at JPY80 trillion per year and left the policy interest rate unchanged at -0.1%.Although the central bank did announce a doubling of its purchases of exchange-traded funds (ETFs) and an expansion of its...
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