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Japan ‘odd one out’ in pursuing vast bond-buying programme

Financial Times LogoFinancial Times1 mo ago

Japan ‘odd one out’ in pursuing vast bond-buying programme

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Policymakers in Tokyo are pursuing the bond-buying programme as part of a plan to keep a lid on medium-term costs known as yield-curve control that has been in place since 2016.

The BoJ on Friday said it would hold interest rates in negative territory and also continue targeting a 10-year bond yield of within 0.25 percentage points either side of zero.

However, even as price growth in Japan has heated up in recent months, it remains much lower than levels across other major economies.


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Article Details

Author / Journalist: Nikou Asgari

Category: MarketsFinanceInvesting

Topics: Bonds Bank Other Growth Cent Financial Bond Exiting Japan Continue Central

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-18, 11:00:06

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 519 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 521

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #3

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