BOJ Unveils New Framework for Policy: Statement Highlights
- ‘Yield curve control’ joins quantitative, qualitative easing
- Policy makers adopt an ‘inflation overshooting commitment’
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The following are excerpts from the Bank of Japan’s policy statement, released Wednesday in Tokyo.
New Framework for Strengthening Monetary Easing:
"Quantitative and Qualitative Monetary Easing with Yield Curve Control"