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BOJ's Ueda: Changing YCC target to 5-year zone from 10-year a possible future tweak

Shortening duration of BOJ YCC targets to 5-year zone from 10-year would be among options if the BOJ were to tweak policy in the futureIt is possible to keep 5-year yield stable and low even by targeting 10-year yield as long as the shape of the curve is upwardJapan's consumer inflation likely to slow ahead but if this projection proves wrong, we will act swiftlyBOJ must avoid tightening monetary policy prematurelyJapan remains on a different planet from other central banks. After breaking out y... Read More

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Content Topics

Boj

Ueda

Changing

Target

Year

Zone

From

10 5 year

10 year

Possible

Future

Forex

Posted: May 25 2023, 12:23

Author Name: forexlive

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