Deutsche Bank: The BoJ is running out of options

The Bank of Japan’s recent policy evolution clearly shows that policymakers are running out of options according to Deutsche Bank’s Foreign Exchange Economic’s analyst George Saravelos. ECB and BOJ Balance Sheets Are 50% Larger Since Jan 2015, Fed’s 1% Smaller Deutsche Bank: BoJ Has Not Gone Public Over Negative Interest Rate Success NATO, SNB, SEC, BOJ, FX, CASH In a report issued to Deutsche Bank’s clients and reviewed by ValueWalk, Saravelos writes that the BoJ’s decision to raise its inflation target beyond 2% and shift from targeting the quantity to the price of money all along the yield curve, reflects…