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yield curve control

yield curve control latest

Bank of Japan policy
January 18th, 2023 - 09:20 GMT

Bank of Japan leaves monetary policy unchanged

ALBAWABA — After a two-day meeting, Japan's central bank left its ultra-low monetary policy unchanged on Wednesday, a move that sent the Yen tumbling, despite heavy speculation that it would scrap its yield curve control (YCC) policy. Defying market expectations, the Bank of Japan (B0J) said it would continue to allow 10-year bond yields to fluctuate by 0.5 percentage points above or below its target yield of 0 percent, while ...
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