Bank of Japan Governor Ueda repeats its appropriate to maintain YCC, easy monetary policy

Bank of Japan Governor Ueda is speaking from the Japanese parliament today.

• appropriate to maintain YCC and easy monetary policy given current economic, price and financial developments
• Japan's bond yield curve Yield Curve A yield curve is a line used to help determine interest rates of interest rates for a specific bond, differentiated by contract lengths. This is useful for contrasting maturity dates, for example 1 month, 1 year, etc.In particular, yield curves help underscore the relationship between interest rates or borrowing costs and the time to maturity.Some of the best examples of this include US Treasury Securities, which are among some of the most observed worldwide by traders. By determining the slope A yield curve is a line used to help determine interest rates of interest rates for a specific bond, differentiated by contract lengths. This is useful for contrasting maturity dates, for example 1 month, 1 year, etc.In particular, yield curves help underscore the relationship between interest rates or borrowing costs and the time to maturity.Some of the best examples of this include US Treasury Securities, which are among some of the most observed worldwide by traders. By determining the slope Read this Term is currently smooth as a whole
• if wages and inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term rise more than expected the Bank of Japan will tighten monetary policy, such as by increasing interest rates

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Ueda indicated steady policy at this week's meeting (April 27 and 28) in remarks yesterday:

• Has BOJ Gov Ueda dismissed any change to YCC at this week's policy meeting? Looks like it

Earlier previews of the coming meeting:

• BOJ meet this week - preview - YCC to be abandoned but not until July
• BOJ meeting preview - Deutsche Bank expect a policy revision, 3 scenarios
• Has BOJ Gov Ueda dismissed any change to YCC at this week's policy meeting? Looks like it

• JPY: The devil in the BOJ details - Barclays

And this one highlights a potential change to YCC:

• BOJ meeting this week - preview - the BOJ may move on a 5-year JGB target option