Bond-buying in focus as Bank of Japan decides policy

The Bank of Japan is expected to hold interest rates steady on Friday but reports said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy. And because reducing government bond purchases is already widely expected, if the BoJ does not decide to do this, the yen will decrease further, he warned.

  News   Jun 13, 2024   0   29  Add to Reading List
Bond-buying in focus as Bank of Japan decides policy

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ARE YOU TIRED OF LOW SALES TODAY?

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Post your business here..... from NGN1,000

WhatsApp: 09031633831

The Bank of Japan is expected to hold interest rates steady on Friday but reports said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy. And because reducing government bond purchases is already widely expected, if the BoJ does not decide to do this, the yen will decrease further, he warned.
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