IMF’s Gourinchas: BoJ should prepare for future tightening, move away from yield control

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IMF’s Gourinchas: BoJ should prepare for future tightening, move away from yield control
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IMF’s Gourinchas: BoJ should prepare for future tightening, move away from yield control IMF BOJ CentralBanks USDJPY

Tuesday, the Japanese central bank must start preparing for future monetary tightening by moving away from its yield curve control policy."Right now, the risk is probably on the upside, that maybe inflation pressures will continue to remain above the target,"

“The IMF was encouraging Japan to "be a bit more flexible and maybe move away from the yield-curve control that it has now.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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