BoJ’s Nakagawa: Easy monetary policy is important for the time being, supports economy BOJ CentralBanks USDJPY InterestRate
BoJ will maintain easy policy while taking steps to curb side-effects.
The Bank's decision to widen the band around its yield target has led to a rise in yields, but its merits of improving biond markets outweighs.If corporate inflation expectations overshoot, that could prod more firms to pass on higher costs to customers.There is risk prices may come under downward pressure if wage hikes do not proceed as much as expected.BoJ will maintain easy policy while taking steps to curb side-effects.
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