INSTANT VIEW 8-BOJ keeps low rates, makes yield control policy more flexible ...Middle East

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INSTANT VIEW 8-BOJ keeps low rates, makes yield control policy more flexible
source : Devdiscourse ( Middle East ) () 37
The Bank of Japan maintained ultra-low interest rates on Friday but took steps to make its yield curve control policy more flexible, underscoring growing concerns over the rising side- effects of prolonged monetary easing. At the two-day meeting that ended on Friday, the central bank kept unchanged its short-term interest rate target at -0.1% and that for the 10-year government bond yield around 0%.

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