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Bank of Japan October 31 Statement - full text
Full text:Statement on Monetary PolicyAlso, this added to it:(Reference) Further Increasing the Flexibility in the Conduct of Yield Curve Control (YCC)As I said earlier:The last time the Bank of Japan allowed an expanded range for the 10 year JGB yield tolerance band the Bank explained this was to make ultra-easy policy more sustainable. Today the BOJ set the 1% cap more firmly in place, cementing that reasoning, it looks like loose policy is set in place for still some time to come...
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Posted: Oct 31 2023, 03:50
Author Name: forexlive
Views: 112210