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Ditching bond yield cap will be tricky task for new Bank of Japan governor
日本央行新行长将面临收益率上限难题

Kazuo Ueda has hinted that ‘yield curve control’ is unlikely to survive in its existing form once he takes the helm
植田和男暗示,一旦他掌舵日本央行,“收益率曲线控制”不太可能以现有的形式存在。

Incoming Bank of Japan governor Kazuo Ueda confessed that he did not have a “magical” monetary policy solution to resolve the nation’s decades-long battle to spur inflation when he appeared in front of the Japanese parliament last week.

即将上任的日本央行行长植田和男(Kazuo Ueda)上周在日本国会作证时承认,他没有一个“神奇的”货币政策解决方案,来解决日本数十年来刺激通胀的斗争。

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