Former BOJ official says Bank expected to end its negative interest rate policy in April ...Middle East

BOJ seen ending negative rates in April, keep hiking next year BOJ dismantled YCC in October, laying groundwork for next move Service prices already rising, BOJ just waiting for evidence BOJ must keep hiking once short-term rates at zeroHeadlines via Reuters. Hayakawa spoke with Reuters in an interviewMore:While the BOJ maintains its 0% target for the 10-year bond yield under YCC, Hayakawa said the bank "effectively dismantled" the framework in October by re-defining what was a rigid 1% cap for the yield to a loose reference. As the next step, the BOJ will likely raise short-term rates to around zero from -0.1% in April, when more data become

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