Economic Policies

Bank of Japan Shocks Financial Markets—but Will It Affect Global Economy?

Bank of Japan Shocks Financial Markets—but Will It Affect Global Economy?
Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, on Dec. 19, 2019. Kim Kyung-Hoon/Reuters
Andrew Moran
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News Analysis
The Bank of Japan (BoJ) shocked Asian financial markets on Dec. 20 when it widened caps for a benchmark government bond yield. 
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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