Tuesday, January 17, 2023

"Bank Of Japan stands pat after last month's surprise policy shift"

From Nikkei, January 17/18:

Board maintains yield curve control policy, keeps short-term rates at -0.1%

TOKYO -- The Bank of Japan kept its ultra-easy monetary policy unchanged on Wednesday, despite the bond market fallout from a surprise policy shift last month.

After a two-day meeting, the BOJ's nine-member board maintained its yield curve control policy, keeping its target band for 10-year Japanese government bonds at between plus and minus 0.5%.
The bank left short-term term interest rates at minus 0.1%....

....MORE

And more to come