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home / news releases / HFXJ - The Scourge Of Deflation Returns To Japan


HFXJ - The Scourge Of Deflation Returns To Japan

It's business as usual at the BoJ.

During its policy meeting Wednesday, the bank signaled its intention to stand pat and continue existing QE measures, such as maintaining ultra-low interest rate policy, purchasing ETFs and J-REITS, and continuing corporate lending programs as well as corporate bond and CP purchases until at least March 2021.

In a near unanimous decision, the bank also decided to continue its controversial negative interest rate policy by applying an interest rate of negative ten basis points to any current accounts held at the bank and set its 10-year JGB rate

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Stock Information

Company Name: IQ 50 Percent Hedged FTSE Japan ETF IndexIQ ETF Trust
Stock Symbol: HFXJ
Market: NYSE

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