Yen strengthens, stocks wobble after report Bank of Japan will discuss tweak to monetary policy

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Yen strengthens after report Bank of Japan will discuss tweak to ultraloose monetary policy setting

The yen was stronger against the U.S. dollar Thursday afternoon, while U.S. stock indexes softened and Treasury yields rose following a news report that said policy makers would discuss a possible tweak to the Bank of Japan’s so-called yield-curve control policy that would loosen the cap on long-dated government bond yields.

The Bank of Japan began implementing yield curve control, or YCC, in 2016, a policy that aims to keep government bond yields low while ensuring an upward sloping yield curve. Under YCC, the BOJ buys whatever amount of JGBs is necessary to ensure the 10-year yield remains below 0.5%. BOJ Gov. Kazuo Ueda in May said the bank would start shrinking its balance sheet and end its yield-curve control policy if a 2% inflation looks achievable and sustainable after many years of undershooting.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Deutsche Bank flags cost cuts as investment bank slump lowers profit By Reuters⚠️BREAKING: *DEUTSCHE BANK SHARES SLIP IN FRANKFURT AS INVESTMENT BANK SLUMP LOWERS PROFIT $DB $DBK 🇩🇪🇩🇪
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »