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BOJ Suzuki signals room to fine-tune yield curve control: media
Bank of Japan board member Hitoshi Suzuki said there is room to debate a fine-tuning of the central bank’s yield curve control (YCC) policy, the Mainichi paper reported, signaling the chance it may raise interest rates before inflation hits its target. Suzuki also said in a separate interview with Jiji news agency that the BOJ could slow its purchases of exchange-traded funds (ETF) or change the way it buys them in the future. “It’s inappropriate for interest rates to show no changes until the 2 percent inflation target is hit, and then jump abruptly once the target is achieved,” Suzuki said in the interview ... (full story)
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