Mikihiro Matsuoka on Japan Inflation, BoJ Outlook and Debt Problems
Macro Hive Conversations With Bilal Hafeez
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No Action, No Adjustments to YCC?
The Bank of Japan has taken no action on YCC. The market is not to go in the British cycle in Japan, it has a very low potential growth rate. Only if we see more prolonged economic expansion and slow but steady increase in impression up to 2%. Then I think that the modification to the YCC can be adopted. We should choose the YCC not the money-caution normalization.
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