The pendulum seems to have swung back against the Bank of Japan making any changes to its yield target next week or indeed any major changes at all. That is most likely because the Bank doesn’t want to risk triggering an adverse market reaction when the economic recovery from the pandemic is still ongoing. The idea is likely to return when the economy looks more secure.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services