Former BOJ Director Hayakawa expects the Bank to tweak YCC at the July meeting | Forexlive

Hideo Hayakawa is a Senior Fellow at Tokyo Foundation for Policy Research and a former Bank of Japan Executive Director

• He says he is expecting another tweak to yield curve control at the b-jj meeting on July 27 and 28
• thinks widening the band around zero for the 10 year Japanese Government Bond to 1% (from currently 0.5%) is the policy ‘tweak’ being considered

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Earlier:

Japanese media report the BOJ is likely to raise its FY2023 inflation forecast above 2%

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• Source: https://www.forexlive.com/centralbank/former-boj-director-hayakawa-expect-the-bank-to-tweak-ycc-at-the-july-meeting-20230714/