• SHARE

The Bank of Japan has started crafting measures to prevent long-term interest rates from surging in reaction to the imminent end of its ultraloose monetary policy, according to BOJ sources.

The measures are intended to demonstrate the central bank’s willingness to pitch in with the government in navigating the economy through deflation and help put Japan’s fiscal house in order without boosting the government’s interest payments, the sources said Wednesday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW