Review: BOJ Rises Rates and Removes YCC In Historic Move

Review: BOJ Rises Rates and Removes YCC In Historic Move

by Brunello Rosa and Nato Balavadze

19 March 2024

In this paper we discuss:

1. The BoJ’s assessment of the Japanese economy;
2. What the BoJ decided in March and could do in coming months;
3. How the economy has performed compared to the forecasts of January 2024; and
4. The market reaction to the decision.

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