Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday, “chances are high for accommodative conditions to stay even if negative rates are abandoned.” Additional quotes Will pay heed to the health of BOJ balance sheet if exit from stimulus policy draws near.
Japan s output gap will stay closed into next year and this year s annual wage negotiations will produce wage growth higher than last year, allowing the central bank to end its yield curve control (YCC) and massive asset-buying programme, she said.