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BOJ will discuss tweaking yield curve control - report

BOJ will discuss tweaking yield curve control - report
Will discuss letting long-term rates rise above 0.50% limit "by a certain degree"Under the more flexible policy being considered, the BOJ would permit gradual increases above the 0.5% threshold, but still clamp down on any sudden spikeThe proposed change would keep the rate ceiling, but allow for moderate rises beyond that level.The report highlights positive effects on inflation from a stronger yenFull report from NikkeiThe yen rallying hard on this (ie USD/JPY falling). The report cites a BOJ... Read More
Posted: Jul 27 2023, 17:10
Author Name: forexlive
Views: 080898

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