• The Wall Street Journal about the Bank of Japan's measures

Market news

21 September 2016

The Wall Street Journal about the Bank of Japan's measures

  • An unexpected step launching a 10-year interest rate target

  • Following an internal review of existing measures that failed to achieve 2% inflation in a promised two-year time frame

  • Bank to start targeting 10-year interest rates ... committing to keep them around zero

  • Will continue QQE until inflation "exceeds" 2%

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