Analysis: Japan’s upbeat wages may keep new BOJ chief on hook for policy tweak  – Reuters News Agency

Business & Finance

In a proprietary analysis, Reuters suggests when Japan’s new central bank governor Kazuo Ueda may take the country out of the previously established accommodative monetary settings.

Market Impact

A widely expected upgrade in the Bank of Japan’s price forecasts due this month may show inflation staying near 2% for several years. Analysts say that could rekindle market expectations of a change to yield curve control (YCC), a policy that caps the 10-year bond yield around zero and has drawn criticism for distorting markets and hurting banks’ margins. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Asia

Countries: Japan

Win Types: Exclusivity

Story Types: Special Report / Insight

Media Types: Text

Customer Impact: Significant National Story

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