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Japan ex-MOF currency official says the BOJ should suprise markets with change to YCC

Japan's former top currency diplomat at its Ministry of Finance Rintaro Tamaki. Spoke with Reuters:"I'm not saying Governor Ueda should immediately move at his first policy review next week," "I hope he would demonstrate a stance towards changing the status quo. If he sits tight throughout a year, he would lose the momentum,""We should be aware of the risk of the BOJ shelving a step towards monetary normalisation," Tamaki added. As a result, Japan would be left with distortions in bond, stock a... Read More

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Posted: Apr 20 2023, 00:18

Author Name: forexlive

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