No Rate Cut for Bank of Japan, Opts for More Japanese ETF Buying Targeting 12 Trillion Yen
Posted on 03/16/2020
After the U.S. Federal Reserve decided to cut its own rates down to the range of 0% to 0.25%, the Bank of Japan (BOJ) strengthened its stimulus but stopped short of slashing its negative interest rate. BOJ disclosed it would purchase more assets including Japanese exchange-traded funds (ETF) and corporate bonds. The BOJ is now […]
