IMF urges BOJ to consider targeting shorter-term yields

The Bank of Japan should consider further steps to make its ultra-easy monetary policy more sustainable, such as steepening the yield curve by targeting a shorter maturity than the current 10-year yield,” said an executive from the International Monetary Fund (IMF), per Reuters.

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GBP/USD Price Analysis: Bounces off 11-week-old support but not out of the woods

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