Saturday , November 2 2024
Home / Tag Archives: quantative easing

Tag Archives: quantative easing

BoJ turns towards yield-curve control

While possibly helping to alleviate margin pressure on banks, raising inflation expectations remains a difficult task The Bank of Japan (BoJ) today shifted its monetary stimulus framework towards yield-curve control and away from rigid targeting of asset purchases. In essence, the BoJ will purchase sufficient Japanese government bonds (JGBs) to ensure that 10-year JGB yields are capped at about zero. The BOJ also announced that it aims to overshoot its 2% inflation target, committing itself...

Read More »