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BOJ announces no change to JGB Yield Curve Control tolerance band, as widely expected

Statement from the Bank of Japan after its June 2023 monetary policy meeting. No change.BOJ 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% eachmade decision on YCC by unanimous voteThe BOJ made an amendment to the principal terms and conditions of the Complementary Deposit FacilityBut adds that there is no change in the framework of the Complementary Deposit Facility and the inte... Read More

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Posted: Jun 16 2023, 02:47

Author Name: forexlive

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