BOJ’s Ueda: Still some distance to sustainably achieve 2% inflation target

  • BOJ has been patiently maintaining easy policy
  • Unless our assumption on need to sustainably achieve 2% target changes, our narrative on monetary policy won’t change

This doesn’t sound like a guy who wants to change YCC at the end of the month. The yen is falling on the comments.

This article was written by Adam Button at www.forexlive.com. Source