BOJ To Put More Emphasis On Inflation Index That Excludes Fuel Costs, Raising “Core-Core” Price Forecast
January 05, 2023 at 19:20 PM EST
Just weeks after the BOJ shocked markets by expanding the permitted trading band under its Yield Curve Control policy, in the process unleashing a historic repricing of the JGB bond curve and forcing the BOJ to spend 16.2 trillion yen (to date) in ad hoc unlimited bond buys to defend the central bank’s new cap… […] Source