TOKYO -Bank of Japan Governor Haruhiko Kuroda said on Wednesday a tweak to the central bank’s yield curve control (YCC) policy could become a future option, but not now.
“If the achievement of our 2-percent inflation target comes into sight, making yield curve control more flexible could become an option,” Kuroda told parliament.
The remark will likely keep alive market expectations of a tweak to the central bank’s ultra-low interest rates when the dovish Kuroda’s second, five-year term ends in April next year.
Minutes of the BOJ’s September policy meeting showed on Wednesday central bank policymakers took note of growing inflationary pressure, with one of them calling for the n…
Keep on reading: Bank of Japan’s Kuroda flags tweak to ultra-low interest rates as future option