
‘Long way to go’: Bank of Japan douses hopes that policy tweak marks the end of easy policy
The Bank of Japan has pushed back on speculation its recent policy adjustment marked the start of a tightening cycle.Deputy Governor Shinichi Ichida on Wednesday reiterated the central bank’s flexible threshold for tolerance on long-term bond yields is merely a necessary modification to sustain its ultra-easy monetary policy position.On Friday, the BOJ unexpectedly loosened its… […]