The Bank of Japan's Unexpected Move - Why It Matters to Markets
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets.
The central bank loosened its yield curve control — or YCC — in an unexpected move with wide-ranging ramifications. It sent the yen
whipsawing against the dollar, while Japanese stocks and government bond prices slid.
Read More : The Bank of Japan’s Unexpected Move – Why It Matters to Markets