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BOJ’s Kuroda: Current yield curve control policy is appropriate

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  • It is premature to raise the yield target or take steps to steepen the yield curve
  • If 2% inflation is reached, the BOJ will likely debate various options

In other words, they will continue their persistent and powerful monetary easing until further notice. This is not too surprising given that inflation is still a long way from 2% and may never get there.

BOJ’s Kuroda: Current yield curve control policy is appropriate

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