Yield Curve Control is when a Central Bank announces specific numeric targets for interest rates. This approach has been tried by the Bank of Japan and the Reserve Bank of Australia with success in 2016 and 2020 respectively1.
Yield Curve Control is when a Central Bank announces specific numeric targets for interest rates. This approach has been tried by the Bank of Japan and the Reserve Bank of Australia with success in 2016 and 2020 respectively1.