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The Bank of Japan heralded the start of a slow shift away from decades of massive monetary stimulus on Friday, allowing the country s interest rates to rise more freely in line with increasing inflation and economic growth.
TOKYO :The Bank of Japan made its yield curve control policy more flexible and loosened its defence of a long-term interest rate cap on Friday, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus.While the central bank kept ultra-low interest rates and stressed the
TOKYO : The Bank of Japan slowly shifted away from decades of massive monetary stimulus on Friday as inflation and economic growth picked up, allowing the country's interest rates to move more freely.In what some analysts said could be a seismic shift for global financial markets, the BOJ made it was maki
TOKYO :The Bank of Japan made its yield curve control policy more flexible and loosened its defence of a long-term interest rate cap on Friday, slowly shifting away from years of massive monetary stimulus as inflation and economic growth pick up.While the central bank kept interest rates at ultra-low levels a