The two-day monetary policy meeting of Japan's central bank beginning Monday could - at long last - very well be 'live' The stars are finally aligning for a move away from negative interest rates and an overhaul of its massive stimulus programme. Investors have positioned to benefit from selling of short-dated paper since a rise in central bank deposit rates would quickly draw banks out of bonds and into cash. The BoE is expected to start cutting borrowing costs from 5.25% - the highest
#WORLD #English #IN
Read more at The Economic Times