
Bank of Japan's Historic Move: Nearly $500 Billion Slashed from Balance Sheet
3 months ago
In a strategic shift that signals a significant change in monetary policy, the Bank of Japan (BoJ) has announced its intention to reduce its balance sheet by nearly $500 billion through a process known as quantitative tightening (QT). This decision marks a pivotal moment for the central bank, which has been known for its ultra-loose policies aimed at stimulating the economy.
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