BOJ board discussed usefulness of tweaking YCC

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© Reuters. SUBMIT IMAGE: A male strolls before the head office of Financial institution of Japan in Tokyo, Japan, January 18, 2023. REUTERS/Issei Kato

TOKYO (Reuters) – Financial Institution of Japan (BOJ) policymakers discussed the usefulness of making more tweaks to its bond return contour control with one participant claiming it has to maintain “different choices in mind” on the future program of financial plan, mins of its January conference revealed on Wednesday.

The nine-member board ended that it was early to leave ultra-loose financial plan currently with rising cost of living yet to sustainably attain the BOJ’s 2% target, according to the mins of the Jan. 17-18 conference.

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