Incoming BoJ Depty. Gov Uchida: Widening yield target band itself would weaken effects of easing

Incoming Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is testifying before the Japanese parliament’s Upper House on Tuesday.

Key quotes

Reviewing current easy policy just to address side-effects will reduce stimulus effect on economy.

Widening yield target band itself would weaken effects of easing.

more to come ...