empty
17.02.2022 09:38 AM
Japan will not taper stimulus measures

The Bank of Japan announced on Wednesday that it would maintain its current stimulus measures and, if necessary, would conduct a new round of unlimited bond purchases to keep bond yields within its target range. "We will use that tool, of course, if we get into the same situation," BOJ governor Haruhiko Kuroda said. "It was an unusual situation when yields climbed somewhat rapidly, influenced by rising yields overseas," he added.

This image is no longer relevant

The comments came after pressure emerged on yields earlier this year. Undoubtedly, expectations of rate hikes in other countries complicated the task of the Bank of Japan as it planned to keep the rate on 10-year public debt around 0.25%. Other central banks, including the Federal Reserve, are already turning towards tighter policies to contain accelerating inflation.

Kuroda has repeatedly spoken about the impossibility of short-term policy adjustments, and on Wednesday, he said it is best to push ahead with monetary easing as Japan's inflation is only around 0.5%. Even so, the central bank does not appear to have completely stamped out speculation about possible policy adjustments. Economists at Natixis even said the BOJ will be unable to withstand a global bond crash and will face pressure that will force it to drastically change its policy control over the yield curve.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.