Quantitative easing
Speech by BOJ dep gov Toshiro Muto
Toshiro Muto, Deputy Governor of the Bank of Japan, asks "What Have We Learned from "Unconventional" Market Operations?" and assures that the BOJ will "continue to exert every effort to enhance the transmission mechanism of monetary policy, while…
BoJ switches to target monetary base
As expected, the Bank of Japan has reinstated its zero interest rate policy, but it has done this by switching its operational target to expand the money supply.