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Former BoJ official: BoJ will likely discuss whether to tweak fwd guidance, YCC at meeting
Kazuo Momma is a recent ex-Bank of Japan official, was the executive director in charge of monetary policy, and is now a senior economist at Mizuho Research & Technologies.He says Bank of Japan board members will likely discuss whether to tweak forward guidance along with the yield curve control mechanism when they meet next, October 30 and 31. “Japan’s long-term yields have already risen to 0.8%,” “Even if it’s not stuck at the ceiling of 1%, it will be a topic of discussion whether the curren...
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Posted: Oct 6 2023, 00:59
Author Name: forexlive
Views: 112991