MONETARY AFFAIRS

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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Download PDF: BOJ Review - March 2024

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