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BOJ maintains YCC band unchanged, tweaks forward guidance

BOJ maintains YCC band unchanged, tweaks forward guidance
Bank of Japan monetary policy meeting April 2023 Maintains short-term interest rate target at -0.1%Maintains 10-year JGB yield target around 0%Maintains band around its 10-year JGB yield target at up and down 0.5% each Makes decision on YCC by unanimous voteSo no change to policy settings above there at all. Not wholly unexpected, Ueda had not given indications he was in a rush. And: To conduct examination of monetary policyBOJ tweaks forward guidanceWill take additional easing steps without he... Read More
Posted: Apr 28 2023, 04:00
Author Name: forexlive
Views: 081940

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