The Bank of Japan is considering a new quantitative monetary policy framework, according to Jiji news reports. This new approach is set to include a review of the yield curve control and will provide an outlook for the upcoming government bond (JGB) buying amounts. Specifically, the BOJ is contemplating maintaining its current pace of purchasing nearly 6 trillion yen of JGBs per month under this new framework. The review and potential adjustments to the policy are aimed at enhancing the bank's monetary policy strategy.
Might *not* necessarily need to wait until April is what the headline means, per Reuters. Jiji reporting a framework outlining future JGB purchases also possible. Yen up for another day. We all know what chaos ensues when investors are wrong footed. https://t.co/thaZ2AuJ2M
BOJ considers new quantitative policy framework, Jiji reports https://t.co/EYsvHQ2To2 https://t.co/wDEr5Pqr7J
🔴 THE BOJ CONSIDERS TO KEEP BUYING NEARLY 6 TRLN YEN OF JGBS PER MONTH UNDER NEW QUANTITATIVE POLICY FRAMEWORK - JIJI.
BOJ CONSIDERS TO KEEP BUYING NEARLY 6 TRLN YEN JGBS PER MONTH UNDER NEW QUANTITATIVE POLICY FRAMEWORK - JIJI
⚠️ BOJ CONSIDERS NEW QUANTITATIVE POLICY FRAMEWORK, JIJI REPORTS Full Story → https://t.co/KKTy5qrx95 The Bank of Japan is considering a new quantitative monetary policy framework that will show the outlook for upcoming government bond buying amounts, Jiji news agency… https://t.co/h6ZzvaPqym
BOJ WILL REVIEW YIELD CURVE CONTROL AS IT CONSIDERS NEW QUANTITATIVE POLICY FRAMEWORK - JIJI
🔴 THE BOJ WILL REVIEW YIELD CURVE CONTROL AS IT CONSIDERS A NEW QUANTITATIVE POLICY FRAMEWORK - JIJI.
BoJ Considers New Quantitative Monetary Policy Framework - Jiji - Set To Showing Outlook Of JGB Buying Amount
🔴 THE BOJ CONSIDERS NEW QUANTITATIVE MONETARY POLICY FRAMEWORK - JIJI.
BOJ CONSIDERS NEW QUANTITATIVE MONETARY POLICY FRAMEWORK - JIJI BOJ CONSIDERS NEW QUANTITATIVE MONETARY POLICY FRAMEWORK SHOWING OUTLOOK OF JGB BUYING AMOUNT - JIJI