• BOJ sets new short-term rate target in 0-0.1% range
  • BOJ to apply 0.1% interest to reserves to nudge up rates
  • Board votes to ditch bond yield control, risky asset buying
  • BOJ expects ultra-easy conditions to stay for time being

https://www.reuters.com/markets/asia/japan-poised-end-negative-rates-closing-era-radical-policy-2024-03-18/