Goldman Sachs are still expecting the Bank of Japan will tweak YCC policy this week

<p>
Goldman Sachs are holding with their forecast that the Bank of Japan
will adjust its Yield Curve Control (YCC) at the policy meeting this week, but say
uncertainty is high.</p><p>I posted on this earlier in the month:</p><ul><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-do-not-expect-near-term-intervention-in-yen-also-looking-for-boj-ycc-tweak-20230705/" target="_blank" rel="follow" data-article-link="true">Goldman Sachs do not expect near term intervention in yen – also looking for BOJ YCC tweak</a></li></ul><p>

GS is out on a limb with this expectation. From earlier today:</p><p><a href="https://www.forexlive.com/centralbank/bank-of-japan-meet-this-week-july-27-28-no-change-seen-to-yield-curve-control-ycc-20230723/" target="_self" rel="follow">Bank of Japan meet this week, July 27-28 – no change seen to yield curve control (YCC)</a></p><p>And even earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/october-is-now-the-month-most-cited-as-the-likely-timing-for-a-boj-policy-change-20230720/" target="_blank" rel="follow" data-article-link="true">October is now the month most cited as the likely timing for a BOJ policy change</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/bank-of-japan-governor-ueda-comments-this-week-have-watered-down-ycc-tweak-expectations-20230719/" target="_self" rel="follow">Bank of Japan Governor Ueda comments this week have watered down YCC tweak expectations</a></li></ul><p>More previews</p><ul><li><a href="https://www.forexlive.com/news/weekly-market-outlook-24-28-july-20230723/" target="_self" rel="follow">Weekly Market Outlook (24-28 July)</a></li><li><a href="https://www.forexlive.com/centralbank/week-ahead-highlights-include-fomc-us-gdp-pce-ecb-boj-flash-pmis-20230723/" target="_self" rel="follow">Week ahead highlights include: FOMC, US GDP, PCE; ECB, BoJ; flash PMIs</a></li></ul>

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