Bank of Japan Considers Exiting Yield Curve Control and Negative Rates
TL;DR Summary
The Bank of Japan is reportedly considering scrapping its yield curve control program and instead indicating the amount of government bonds it plans to purchase, aiming to normalize monetary policy. The new framework would target the volume of purchases rather than the yield, with a decision expected at the next policy meeting on March 19. These potential changes have impacted the USD/JPY exchange rate in recent months.
Topics:business#bank-of-japan#finance#government-bonds#interest-rates#monetary-policy#yield-curve-control-program
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- BOJ Mulls Scrapping Yield Curve Control Program, Jiji Says Forex Factory
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