Former Deputy Governor of the Bank of Japan, Hiroshi Nakaso (pictured right), thinks the bank will likely modify or end its policy of controlling bond yields. Nikkei newspaper quoted him in an interview published Sunday.
While commenting on Japan's yield curve control (YCC), Nakaso added that the...
Winding down monetary stimulus will depend on future conditions, but Japan's central bank is already prepared for absorbing funds from the marketplace, Deputy Governor Hiroshi Nakaso told businesspeople in Tokyo on Monday. In his view, at the appropriate time to halt unconventional...
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