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Bank Of Japan To Review Side Effects Of Ultra Easing In Next Week's Policy Session: Report

By Jyotsna V   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Bank of Japan is set to review the side-effects of its massive monetary easing during the policy session on January 17 and 18, and may make additional policy adjustments to correct the distortions in the yield curve, the Yomiuri Shimbun newspaper reported Thursday, without citing sources.

In the December monetary policy session, the nine-member board unexpectedly decided to expand the range of the 10-year JGB yield fluctuations to 0.5 percentage points from 0.25 percentage points.

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