Groping for new tools, central banks look at Japan’s yield controls
TOKYO/WASHINGTON/FRANKFURT, July 15 (Reuters) –
J apanese-style interest rate caps are drawing interest from
global central bankers worried about a downturn, including U.S.
Federal Reserve officials grappling with how to bolster their
options as prospects for the global economy darken.
J apanese-style interest rate caps are drawing interest from
global central bankers worried about a downturn, including U.S.
Federal Reserve officials grappling with how to bolster their
options as prospects for the global economy darken.
Posted by Reuters
