Former BOJ Director Hayakawa expects the Bank to tweak YCC at the July meeting

<p>Hideo Hayakawa is a Senior Fellow at Tokyo Foundation for Policy Research and a former Bank of Japan Executive Director</p><ul><li>He says he is expecting another tweak to yield curve control at the b-jj meeting on July 27 and 28</li><li>thinks widening the band around zero for the 10 year Japanese Government Bond to 1% (from currently 0.5%) is the policy 'tweak' being considered</li></ul><p>—</p><p>Earlier:</p><p><a href="https://www.forexlive.com/centralbank/japanese-media-report-the-boj-is-likely-to-raise-its-fy2023-inflation-forecast-above-2-20230713/" target="_self" rel="follow">Japanese media report the BOJ is likely to raise its FY2023 inflation forecast above 2%</a></p>

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *