Market news
13.03.2020, 09:20

ECB holding rates may quell expectations for BOJ to cut - MUFJ MS

Forexlive reports that on the BOJ decision next week, the firm's senior market economist, Naomi Muguruma, argues that the ECB decision sets a precedent that the BOJ can follow:

"The implication from the ECB decision is that markets are coming to terms with the fact that what central banks is countries struggling to emerge from negative rates are required to do doesn't have to be the same as those where interest rates are positive.

What's become clear from ECB and BOE actions is that it's important to take measures to support intermediary functions of financial institutions to avoid a financial crisis.

When every market is looking like it's melting down, it's more important to stem credit insecurity from spreading wider and prevent funding squeeze by providing ample funds and indirectly support corporate financing."

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location