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BOJ "focusing on holding down interest rates rather than expanding the money supply"

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 23, 2016.

  1. ForexLive

    ForexLive Forum Member

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    More again from the Nikkei today, what they dub their "Bank of Japan Watch" But the bank has moved in a different direction lately: These operations signal frustration within the central bank at the lack of a deep fall in short-term rates since the negative-rate policy was introduced. A market player commented that the BOJ's unwillingness to tolerate positive short-term rates came through loud and clear.

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