Drop-In: The BoJ makes its move – What now for monetary policy?

Does the Bank of Japan’s surprise announcement about changes to its yield curve control policy point to a fundamental shift in its monetary stance? Is this new regime defensible? And what will these changes mean for JGBs the yen, and for financial markets globally?

Marcel Thieliant, who leads our Japan coverage, and Senior Markets Economist Jonas Goltermann held a briefing on Wednesday, 21^st December about what to expect for Japan and global markets in the wake of the Bank’s announced changes.