Bank of Japan Keeps Making its Loosest-Ever Monetary Policy Slightly Less Loose in Tiny Steps at Slowest-Ever Snail’s Pace
Which devalued the yen by a Third-Worldish 30% against the USD in two years as other central banks hiked in big increments and started QT. By Wolf Richter for WOLF STREET. Scraps NIRP. Citing “the virtuous cycle between […]