Free Trial
CROSS ASSET

USD Nudges Lower

BONDS

NZGBS: Twisting Flatter Into The Weekend

JGBS AUCTION

40-Year Auction Results

JGBS AUCTION

3-Month Bill Auction Results

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI POLICY: BOJ Needs More Flexibility As Easing Maintained

(MNI) Tokyo

The next BOJ governor must balance easy policy needed to support growth against greater long term flexibility, former officials said.

The next Bank of Japan governor should implement a policy framework that maintains current easy policy but provides greater medium to longer-term flexibility ahead of an eventual exit from easy policy, former officials told MNI.

The new governor, who will take office in April, needs to consider how to balance the need to support Japan's growth but also map an eventual exit from negative short term rates and yield curve control without spooking global financial markets.

Keep reading...Show less
567 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The next Bank of Japan governor should implement a policy framework that maintains current easy policy but provides greater medium to longer-term flexibility ahead of an eventual exit from easy policy, former officials told MNI.

The new governor, who will take office in April, needs to consider how to balance the need to support Japan's growth but also map an eventual exit from negative short term rates and yield curve control without spooking global financial markets.

Keep reading...Show less