2  BIS Review 146/2009  Let me make one remark on exchange rates. I have repeatedly been on record in saying that I appreciate the statements made by the US President, the US Secretary of the Treasury and the Chairman of the Federal Reserve that a strong dollar is in the interest of the United States of America.
QQE with Yield Curve Control is a monetary policy framework that was introduced in September 2016 (Chart 3). This framework consists of two major components: yield curve control and an inflation-overshooting commitment. Yield curve control is a framework for market operations that targets all interest rates at the short and long ends; in other words, the yield curve.