Analysis: Japan's upbeat wages may keep new BOJ chief on hook for policy tweak  | Reuters News Agency
Business & Finance

Analysis: Japan’s upbeat wages may keep new BOJ chief on hook for policy tweak 

In a proprietary analysis, Reuters suggests when Japan’s new central bank governor Kazuo Ueda may take the country out of the previously established accommodative monetary settings.

Market Impact

A widely expected upgrade in the Bank of Japan’s price forecasts due this month may show inflation staying near 2% for several years. Analysts say that could rekindle market expectations of a change to yield curve control (YCC), a policy that caps the 10-year bond yield around zero and has drawn criticism for distorting markets and hurting banks’ margins. 



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Special Report / Insight
Media Types: Text
Customer Impact: Significant National Story
Eikon_4.13.23_japan wages
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