Bank of Japan to Replace YCC Policy with New Program at March Meeting

Monday, 11 March 2024, 03:33

The Bank of Japan is set to abandon its Yield Curve Control (YCC) policy in favor of a new program at the upcoming March meeting. Japan avoids recession as Q4 GDP data shows economic expansion. China experiences inflation after months of deflation while FX rates remain stable.
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Bank of Japan to Replace YCC Policy with New Program at March Meeting

Weekend Report from Japan

A report revealed that the Bank of Japan plans to abandon its Yield Curve Control (YCC) policy at the upcoming March meeting.

Revised Q4 GDP from Japan

Official data shows Japan avoided recession with revised Q4 GDP reflecting economic expansion.

Inflation Data from China

China's CPI returns to positive territory after four months of deflation, while PPI experiences deeper deflation.

FX Rates and Equity Markets

Movement across major FX rates is subdued, and Asia-Pacific equity markets show mixed results.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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