Japan: Losing control of yield curve control?
Macro Bytes
English - March 01, 2023 14:00 - 28 minutes - 19.8 MBInvesting Business News Politics politics economics news fiscal policy investments innovation financial services finance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Europe rewriting its fiscal rules
Paul Diggle talks to Sree Kochugovindan, senior economist at abrdn, about the Bank of Japan’s “yield curve control” framework.
The Bank of Japan (BoJ) has been anchoring government bond yields at very low levels. But the policy is coming under increasing pressure from financial markets. Will the new Governor of the BoJ upend this key tenet of the global monetary policy landscape?