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BOJ's Nakagawa: Further YCC tweak cannot be ruled out but is not an imminent issue now

BOJ's Nakagawa: Further YCC tweak cannot be ruled out but is not an imminent issue now
Strong outcome in next year's wage talks would be a necessary condition, though not a sufficient one to contemplate pursuing end of negative ratesWant to look at various factors beyond wages in deciding future policy changesEssentially, the message that they are trying to send is that they are flexible but only with the right conditions at play. However, given how tough it was to already convince a policy tweak after the extremely positive wage developments in March, we really might have to wait... Read More
Posted: Sep 7 2023, 06:12
Author Name: forexlive
Views: 111592

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