“Unlike rate hikes, impossible to deepen negative rates forever,” the Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Monday.
Further quotes
BOJ’s ETF buying isn’t aimed at achieving specific stock price level.
BOJ’s JGB buying is aimed at supporting economy, achieving 2% inflation by keeping yield curve stably low.
Markets, fx moves have been stable partly due to fact major central banks are moving in same direction on monetary policy, share common price goal.
Related reads
- BOJ’s Amamiya: Clearly rates will move at current or lower levels, will cut rates as needed
- USD/JPY Weekly Forecast: Overbought conditions could threaten the parabolic rise
Share
