Bank of Japan pivot proves underwhelming for markets

Capt. John

Summary of the BoJ’s new monetary policy framework The BoJ will restore the uncollateralised overnight call rate as a primary policy tool and set the rate in a range between 0% to 0.1% (a 7-2 majority vote). A continuation of its JGB purchases with broadly the same as before – currently about six...

https://www.hellenicshippingnews.com/bank-of-japan-pivot-proves-underwhelming-for-markets/

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