Dow Jones Newswires: BOJ board member says easing policy has become more sustainable

Dow Jones Newswires: BOJ board member says easing policy has become more sustainable

Dow Jones Newswires


By

Megumi Fujikawa

Bank of Japan policy board member Junko Nakagawa said Thursday that the bank needed to maintain monetary easing while paying careful attention to market functioning.

Nakagawa said the bank’s July decision to raise its cap on the yield on 10-year Japanese government bonds has improved its yield curve control policy.

“I believe the sustainability…

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