Implications of BOJ Ending Yield-Curve Control; Should Fed Avoid Zero Rates? Dec 01, 2022 View in your browser Impact of Ending Japan’s Yield-Curve Control; Fed’s Zero Rates By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Implications of BOJ Ending Yield-Curve Control Japanese yen has rebounded to the highest level against the dollar in three months Rising inflation could sway Bank of Japan into ending its control of the yield curve BOJ ending its yield-curve control could impact global bonds, Japanese equities Japanese equities could weaken if the yen rises against the U.S. dollar Read article Should Fed Avoid Zero Rates? Near-zero rates do not seem to spur additional growth or higher inflation Low rates and quantitative easing (QE) support housing, equities, and bonds Exiting from zero rates and QE come at substantial costs to housing, equities Setting base rates at 2% could provide Fed room to tackle economic setbacks Watch video SEE MORE ANNOUNCEMENTS
