BoJ Preview: Forecasts from eight major banks, no rush to normalize monetary policy

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BoJ Preview: Forecasts from eight major banks, no rush to normalize monetary policy
France Dernières Nouvelles,France Actualités
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BoJ Preview: Forecasts from eight major banks, no rush to normalize monetary policy BOJ USDJPY Macroeconomics Banks

Back in December, the central bank introduced a change to its Yield Curve Control , lifting the ceiling of what the 10-year note could offer from 0.25% to 0.50%. A hike this week seems unlikely as the BoJ is set to leave its policy unchanged.“We expect the BoJ to keep both the policy balance rate and the 10Y yield target unchanged at -0.1% and 0%, respectively.

and has increased the likelihood of another policy change, we do not expect the BoJ to adjust monetary policy at its January meeting.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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