INCOMING BOJ DEPTY. GOV UCHIDA: WIDENING YIELD TARGET BAND ITSELF WOULD WEAKEN EFFECTS OF EASING

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Incoming Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is testifying before the Japanese parliament’s Upper House on Tuesday.


Key quotes

Reviewing current easy policy just to address side-effects will reduce stimulus effect on economy.


Widening yield target band itself would weaken effects of easing.

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