In its September policy update, the Bank of Japan (BOJ) announced that it's tweaking its framework to "Quantitative & Qualitative Easing with Yield Curve Control", with 2 major components: Yield curve control: "the bank will control short-term and long-term interest rates" Inflation-overshooting commitment: "the bank commits itself to expanding the monetary base until the year-on-year … Continue reading The BOJ’s new framework may mean that the Yen may become Confetti some day… →