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BOJ reportedly open to tweaking yield curve control later this year if wage momentum holds

BOJ reportedly open to tweaking yield curve control later this year if wage momentum holds
The report says that policymakers are starting to warm up to the idea of tweaking its infamous yield curve control (YCC) settings later this year but will likely keep policy unchanged at next week's meeting. It is believed that they are still waiting for more evidence of sustained wage growth, despite the positive shunto negotiations last month.One of the sources mentioned that it is still appropriate to maintain the ultra-loose monetary policy stance for now, a view also echoed by two other sou... Read More
Posted: Apr 20 2023, 05:55
Author Name: forexlive
Views: 102065

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