Ella 
Bank of Japan Governor Kazuo Ueda said in an interview an hour ago that the side effect of the bond yield curve control policy is increased market volatility.
When the Bank of Japan talks about the side effects of its bond yield curve control policy, they include the risk of causing market volatility, including foreign exchange.
It is hoped that foreign exchange trends will steadily reflect fundamentals.
If the bond yield control curve policy exacerbates foreign exchange volatility, this will be regarded as one of the side effects of our policy. When asked about this, the Bank of Japan said that the sharp decline in the yen is a side effect of the bond yield control curve policy. one.
The recent high level of inflation has been driven by rising import prices and domestic factors, but domestic prices remain somewhat weak.
We would like to see headline inflation slow as cost drivers recede, but in the medium to longer term we would like to see a gradual acceleration in inflation.
The yen was little moved following a speech by Bank of Japan Governor Kazuo Ueda, continuing to be weighed down by the Bank of Japan’s dovish stance, keeping the USD/JPY pair trading just above the mid-150.00 level, maintaining modest gains.
