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Bank of Japan Re-embraces Yield Curve Control | Roundup
Forward Guidance
The Petri Dis of Monetary Experimentation
Central banks are trying to give additional accommodation by having low rates in a longer dated section. It's just the more efficient way, I think of doing Kiwi,. You buy bonds, but you don't really know what effect that has, right? Feds is that all the time. But if you do good control, that's a lot clearer what you're doing. And it's kind of an extension to a low rate world.
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