No Rate Cut for Bank of Japan, Opts for More Japanese ETF Buying Targeting 12 Trillion Yen

Posted on 03/16/2020

After the U.S. Federal Reserve decided to cut its own rates down to the range of 0% to 0.25%, the Bank of Japan (BOJ) strengthened its stimulus but stopped short of slashing its negative interest rate. BOJ disclosed it would purchase more assets including Japanese exchange-traded funds (ETF) and corporate bonds. The BOJ is now […]

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