Latest / Eurodollar University
It finally happened after 17 years… will they survive
Well, they did it. The Bank of Japan ended its NIRP and YCC, raising its call money rate for the first time in forever. That's not the issue. Why they did it is open for debate, one that right now is taking place across markets. It's not going well for the rate-hikers.
Eurodollar University's Money & Macro Analysis
BoJ Statement March 19, 2024
https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240319a.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.