Quotes from the news wire:
While we did not discount the possibility of a widening of the band to secure a smooth leadership transition, Kuroda appears to have avoided a sharp rise in JGB yields before the end of the fiscal year, the decision to uphold policy rates comes at a cost. The BOJ will be forced to continue its massive JGB purchases to stem speculation of additional YCC tweaks, which will worsen market liquidity.
Found on CNN 1 year ago
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