Economic Tanka: BOJ decides to relax YCC, in due course.
日銀が YCCを 柔軟化 国債買いの 大義は残す
BOJ decides to relax YCC, in due course,
But keeps good reason to buy JGB, as a matter of course.
By Kota Nakako
下記、23/1/18 経済短歌 再掲
経済短歌: 日銀金融政策に思う 23/1/18
Economic Tanka: Thought on BOJ MPM decision on 18th Jan. 2023
いかほどに 抑えようとも 押し込めた バネはいずれは はじけるのが理
The suppressed spring bursts.
So do the interest rates.
金利をば 封じ込めようと 日銀の 大量国債 買い入れの無理
Huge record buying of JGB by BOJ standalone,
To force low interest rates, is expected to be in vain.
by Kota Nakako