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BOJ announce no change to yield curve control (YCC) and no monetary policy change

Bank of Japan monetary policy decision and statement - says will manage YCC more flexibly but maintains 0.5% band. Maintains short-term interest rate target at -0.1%Maintains 10-year JGB yield target around 0%Maintains band around 10-year JGB yield target at up and down 0.5% eachRaised their inflation forecasts for this year, but not the next: Core-core CPI fiscal 2023 median forecast at +3.2% vs +2.5% in AprilCore-core CPI fiscal 2024 median forecast at +1.7% vs +1.7% in AprilCore-core CPI fis... Read More

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Posted: Jul 28 2023, 03:28

Author Name: forexlive

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