BoJ stands pat, forecasts deeper contraction in 2020

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<p>BoJ left monetary policy unchanged as widely expected. Under the Yield Curve Control framework, short term policy interest rate is held at -0.1%. BoJ will also continue to purchase unlimited JGBs to keep 10-year yield at around 0%. It maintained the pledge to continue with QQE “as long as it is necessary” for achieving 2% […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/311024-boj-stands-pat-forecasts-deeper-contraction-in-2020/">BoJ stands pat, forecasts deeper contraction in 2020</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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