S&P’s chief global economist Sheard:
– Some criticism of BOJ’s negative rates is misplaced
– BOJ policy has worked well in supressing the yield curve
– It is better for Japan not to hike the consumption tax next year
Bloomberg with the headlines
Published in TZ Latest News 21 June, 2016 by The TZ Newswire Staff
S&P’s Sheard: BOJ policy has worked well in supressing the yield curve
Published in TZ Latest News 21 June, 2016 by The TZ Newswire Staff
S&P’s Sheard: BOJ policy has worked well in supressing the yield curve
S&P’s chief global economist Sheard:
– Some criticism of BOJ’s negative rates is misplaced
– BOJ policy has worked well in supressing the yield curve
– It is better for Japan not to hike the consumption tax next year
Bloomberg with the headlines