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Japan Monetary Policy Uncertainty Ends

Author: Bill Witherell, Ph.D., Post Date: July 31, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

Yesterday the Bank of Japan (BOJ) announced in a report “Strengthening the Framework for Continuous Powerful Monetary Easing” that its extraordinary policies will be maintained for an “extended period of time”. During the past week, rumors and speculation about possible monetary policy changes at this week’s BOJ meeting caused great uncertainty in Japan’s fixed-income market. […]