Davos 2023: Global Economic Outlook: Is this the End of an Era?
World Economic Forum
00:00
Is It a Mistake to Widen the Trading Band in Your Yield Curve Control Programme?
The board's decision to widen the trading band in its yield curve control programme was not a mistake, he says. The Japanese economy is recovering from the pandemic and will grow close to 2%. Two consecutive years of 2% to close to 2% growth mean that the GDP gap is closing,. And we expect wages to accelerate to grow which would eventually make 2% inflation target met with sustainable and stable manner.
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