BoJ’s Adachi: If bond market function remains in current state, chance of tweaking YCC in July is low BOJ CentralBanks USDJPY YieldCurve
are flowing in from the Bank of Japan board member Seji Adachi, this time speaking about the central bank’s yield curve control policy.Feel it will be tricky to judge inflation as overshooting our projection as a trend, and tweak policy, just with data available by our July meeting.We won't tie monetary policy to price moves alone, will also look for any distortion in yield curve, bond market functions.
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