"Mission Accomplished": BOJ Declares Victory Over Deflation, Then Speeds Up ETF Dump To A Breakneck 43 Years
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"Mission Accomplished": BOJ Declares Victory Over Deflation, Then Speeds Up ETF Dump To A Breakneck 43 Years Fourteen years, three governors, negative rates, yield curve control and the largest central bank equity hoard in history later, the Bank of Japan finally said the words. In its quarterly Outlook Report released overnight alongside a widely expected decision to keep the policy rate at 1.25% (by an 8-1 vote, with hawk Hajime Takata dissenting in favor of a hike to 1.50% ), the BOJ quietly retired the phrase it has used for years, that it expects to achieve its 2% target "between the…
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"Mission Accomplished": BOJ Declares Victory Over Deflation, Then Speeds Up ETF Dump To A Breakneck 43 Years
"Mission Accomplished": BOJ Declares Victory Over Deflation, Then Speeds Up ETF Dump To A Breakneck 43 Years Fourteen years, three governors, negative rates, yield curve control and the largest central bank equity hoard in history later, the Bank of Japan finally said the...
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