前有险滩:日央行能否“全身而退”?

第一财经
11 Oct 2024

全文1228字,阅读约需4分钟,帮我划重点划重点01日央行已全面启动非常规货币政策的正常化进程,旨在实现利率、数量和质量三个维度的正常化。02自2013年实施“QQE+”政策以来,日央行非常规货币政策显著改善了日本的金融条件,助力日本摆脱了“通缩陷阱”。03然而,日央行面临如何把握加息与缩表的节奏、终点利率和合宜的资产负债表规模等挑战。04根据中性利率框架,日央行估计的实际中性利率区间约为[-1%...

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