Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Monetary policy tool
|
| gptkbp:abbreviation |
gptkb:YCC
|
| gptkbp:aimsTo |
Anchor government bond yields
Control interest rates |
| gptkbp:effect |
Influences yield curve shape
Suppresses long-term interest rates |
| https://www.w3.org/2000/01/rdf-schema#label |
Yield Curve Control
|
| gptkbp:introduced |
gptkb:Bank_of_Japan
|
| gptkbp:introducedIn |
2016
|
| gptkbp:mechanismOfAction |
Central bank buys or sells government bonds
|
| gptkbp:notableExample |
gptkb:Australia
gptkb:Japan |
| gptkbp:objective |
Achieve inflation target
Support economic growth |
| gptkbp:policy |
Unconventional monetary policy
|
| gptkbp:relatedTo |
Quantitative easing
Interest rate targeting |
| gptkbp:target |
Government bond yields
|
| gptkbp:targetMaturity |
gptkb:10-year_Japanese_government_bond
|
| gptkbp:usedBy |
gptkb:Bank_of_Japan
gptkb:Reserve_Bank_of_Australia |
| gptkbp:bfsParent |
gptkb:YCC
|
| gptkbp:bfsLayer |
6
|