BOJ should step in only in a 'severe' bond market rout, policymaker says
Inflatie
TOKYO :The Bank of Japan does not need to make big changes to its bond taper plan and should only ramp up buying in times of "severe market disruption," its board member Asahi Noguchi said, a sign the bank sees no imminent need to arrest recent sharp rises in super-long bond yields. Noguchi, a former academic seen as among dovish members of the board, also said the BOJ must move cautiously in raising interest rates to ensure underlying inflation stabilises around its 2 per cent target backed by
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