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Week Ahead – BoJ meets for the last time in 2023, US core PCE and UK CPIs also on tap

From xm.com

{video} Will BoJ policymakers hint at the end of negative rates? Following a barrage of central bank decisions this week the end credits of major monetary policy decisions for 2023 will roll with the BoJ during the Asian session Tuesday. At their last meeting, policymakers decided to allow 10-year JGB yields to rise above 1%. However, they did not ditch the cap. They just redefined it from a rigid ceiling to a reference bound, meaning they could intervene in the bond market again if deemed necessary. And indeed, this is what they did the day after the decision. This disappointed investors that were expecting more, ... (full story)

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  • Category: Fundamental Analysis