Bank of Japan needs to have an orderly transition to a normal monetary policy framework: DBS
The Bank of Japan shocked markets on Tuesday with its decision to widen the yield target band. Taimur Baig, Chief Economist and Managing Director at DBS Group Research tells CNA’s Avril Hong what the central bank’s latest move could mean for the future of its yield curve control policy.
The Bank of Japan shocked markets on Tuesday with its decision to widen the yield target band. Taimur Baig, Chief Economist and Managing Director at DBS Group Research tells CNA’s Avril Hong what the central bank’s latest move could mean for the future of its yield curve control policy.