March 12, 2024 BY Simon Mugo
BoJ Expected To End YCC and Negative Rates Soon – Sources Say
With inflation consistently surpassing the BOJ's target of 2% for over a year, investors widely expect the central bank to elevate short-term interest rates from below zero in the upcoming week or by April. The sources noted that the transition away from negative rates is expected to coincide with the termination of the YCC policy,…
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