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BOJ to call time on negative interest rates and end yield curve control - Nikkei

From channelnewsasia.com

The Bank of Japan is set to decide on ending its negative interest rate policy and also call time on its yield curve control and purchase of risk assets at its board meeting through Tuesday, Nikkei newspaper reported on Monday. The country's central bank, which is holding a two-day policy meeting is preparing to draw the line on much of its "massive" monetary easing program, the report said. "With the BOJ's goal of sustainable 2 per cent inflation in sight, the bank is moving to guide interest rates higher for the first time in 17 years," Nikkei said. BOJ officials, including Governor Kazuo Ueda, have recently ... (full story)

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  • Category: Fundamental Analysis