BoJ vows to continue ‘powerful’ easing for longer
Central bank promises low rates will last longer, and unveils raft of other measures
The Bank of Japan promised today (April 25) to continue its policy of “powerful” monetary easing until “at least” the spring of 2020, in its latest bid to convince people of its commitment to boosting inflation.
It also unveiled several other measures in support of the policy, including expanding the range of eligible collateral, offering funding on more generous terms and relaxing the conditions on its securities lending programme.
The BoJ’s headline monetary policies remain unchanged, with
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