BOJ chief says ending yield control policy could be an option

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BOJ chief says ending yield control policy could be an option

Shinichi Uchida said Wednesday that if economic and price conditions justify phasing out of the central bank's bond yield control policy, it will be an option.

In his first public appearance since taking over the post earlier this month, Uchida said the BOJ may consider various means or policy steps, including those not taken now, once prospects increase for inflation to hit its target.

If various conditions fall in place, a change to yield curve control may be necessary. If conditions turn positive, a tweak will be a possibility, Uchida told parliament.

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