BOJ Has Been Moving Global Stock Markets More Than Fed: Chart

Bank of Japan Refrains From Adding Stimulus

The Bank of Japan moved stock markets more than the Federal Reserve in the past months when both had policy meetings. The MSCI All-Country World Index swung an average 1.8 percent intraday on the last two BOJ days, more than the monthly average and exceeding the 1.3 percent mean move after the last two Fed gatherings. The Japanese central bank releases its rate decision on Tuesday and the Fed on Wednesday.

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