(Bloomberg) Inside the walls of the Bank of Japan, there’s a sense of relief as new boss Kazuo Ueda inches toward policy normalization with the minimum of fuss — an approach that couldn’t be more different from his predecessor’s dramatic debut. Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingDebris Spotted in Search for Missing US F-35 Fighter JetXi’s Missing Defense Chief Opens Door for U
The Bank of Japan's decision on July 28 to make its yield cap program more flexible may provide the central bank with some room to see if price dynamics are indeed changing and wage growth is continuing to accelerate the recipe for finally attaining its 2 percent inflation goal.
BOJ s move to ease yield curve control points to tricky road ahead japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.