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BIBLIOGRAPHY

Market Operations in Fiscal 2016

Bank of Japan, Financial Markets Department

Claims Supported by This Source

  1. Divide current account balances into three tiers and apply -0.1% to the policy-rate balance.
  2. An adjustment to increase the monetary base at a pace of about 80 trillion yen per year.
  3. YCC has two pillars: control of short- and long-term interest rates, and an inflation-overshooting commitment.

How to read the verification levels. 'Read' means the material was read in its entirety. 'Bibliography and abstract confirmed' means the bibliographic information and abstract were verified. 'Via course material' means the source was referenced through the main text of a book or a country's monetary history. The text hash is the SHA-256 of the main text from the original source page, excluding tags and whitespace, used to detect if the material has been altered.