The Bank of Japan further widened the range of eligible collateral in its money market operations after its Policy Board meeting today, although it is hard to avoid the feeling that it is now scraping the bottom of the barrel in terms of assets that can be added to the list. The focus is already shifting to the second April meeting at the end of the month, where the Board will have to slash its GDP forecasts.
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