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New Bank of Japan governor has to tread a fine line

The key task facing the new governor will be the reorientation of the central bank’s policy away from yield curve control (YCC), instituted in 2016, under which the BOJ outlaid the equivalent of trillions of dollars to purchase government bonds and keep interest rates at near zero levels. ....

New South Wales , United Kingdom , Masayoshi Amamiya , Kazua Ueda , Haruhiko Kuroda , Shinzo Abe , Etsuro Honda , John Authers , Stephen Bartholomeusz , University Of Tokyo , Wall Street Journal , Prime Minister Kishida , Sydney Morning Herald ,