TOKYO -- After Tuesday's surprise decision to widen its target band for long-term interest rates, the Bank of Japan could end its yield curve control policy altogether as early as March, said Mark Dowding, chief investment officer at BlueBay Asset Management.
With inflation running higher and the central bank already starting to pivot away from ultraloose monetary policy, Dowding expects further action before BOJ Gov. Haruhiko Kuroda departs in April.
