Dossier
Yield Curve Control
Coverage of Yield Curve Control in the Nexus archive.
- Japan’s monetary conundrum — why the yen hit a 40-year low as interest rates hit a 31-year high
Japan's yen hit a 40-year low as the Bank of Japan (BOJ) raised interest rates to a 31-year high, ending yield curve control. The article argues that low interest rates in Japan reflected tight money supply rather than easy money, and current low money growth may hinder economic recovery despite rate hikes.