BOJ Summary of Opinions: Must maintain YCC until needed to stably, sustainably hit price goal

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BOJ Summary of Opinions: Must maintain YCC until needed to stably, sustainably hit price goal
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BOJ Summary of Opinions: Must maintain YCC until needed to stably, sustainably hit price goal – by anilpanchal7 BOJ RiskAppetite CentralBanks YieldCurve USDJPY

Reuters conveyed Bank of Japan Summary of Opinions for the latest monetary policy meeting as Tokyo opens for Wednesday.

Bond market function worsening which, if continued, would disrupt positive effect of BOJ's easy policy.Appropriate to widen BOJ's yield band due to concern over negative impact on bond market from YCC. BOJ must widen trade band to address declining market functions but even so, no change to fact powerful monetary easing continues.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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