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BOJ Unveils New Framework for Policy: Statement Highlights

  • ‘Yield curve control’ joins quantitative, qualitative easing
  • Policy makers adopt an ‘inflation overshooting commitment’
Updated on

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"