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- BOJ could widen band in which it allows yields to move - BOJ Deputy Governor Amamiya
BOJ could widen band in which it allows yields to move - BOJ Deputy Governor Amamiya
Bank of Japan Deputy Governor Masayoshi Amamiya said the central bank could widen the band in which it allows bond yields to fluctuate around its 0% target, if long-term interest rates make big swings.
"It's true we could be more careful in assessing the merits and demerits of additional action than other central banks," Amamiya told a news conference after meeting with business leaders.
"But just because we've eased so much already does not mean any further steps would be limited or small." Amamiya added.
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