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MNI BRIEF: BOJ To Mull Side-Effects Of Easy Policy At Jan Meet

(MNI) Tokyo
(MNI) TOKYO

The Bank of Japan will likely examine the side-effects of its easy policy at the January 17-18 policy meeting, as distortions in the financial markets continue despite December's widening of the acceptable 10-yearJGB yield, Yomiuri Shimbun reported on Thursday.

Despite last month's decision, the long-term interest rate remains at the upper limit of 0.50% and upward pressure on short-term bond yields has continued, the newspaper said. (MNI POLICY: BOJ Sees Pressure On Zero Percent YCC Anchor)

The BOJ is expected to implement additional policy adjustments, if necessary, it reported.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
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MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
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