The Fed's Wary of Tweaking or Scrapping Yield Control Stimulus

Bank of Japan officials are wary here of tweaking or scrapping their yield control stimulus at a policy meeting next week. They're also in no rush to make any big policy changes as they see increasing uncertainty resulting from the failure of banks in the US and Europe. And we're hearing that even if a change is made to the guidance the bank intends to indicate its stance will continue with easy policy.