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IMF says is sees the prospect and potential for more flexibility in BOJ YCC policy

IMF says is sees the prospect and potential for more flexibility in BOJ YCC policy

The IMF often times doesn't know its *** from its elbow.

Still, FWIW, IMF Japan Mission Chief Salgado:

  • We do see prospect, potential of more flexibility at long end of curve under the BOJ's YCC policy
  • there are two-sided risks to Japan's inflation, including upward surprises in the shunto wage negotiations

  • downside risks to Japan's inflation outlook are related to global environment, financial shocks that raise prospects of global rece... Read More

Posted: Mar 31 2023, 01:20
Author Name: forexlive
Views: 102284

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