📝BoJ to Drop Yield Curve Control Policy in Coming Years: Goldman Sachs

If we’re in a rising inflation environment with other central banks more or less firmly raising rates, then at some point we should expect the Bank of Japan to back away from yield-curve control. Given the inflation and policy rate environment, the central bank could drop its YCC policy. We see two 50bps rate hikes from the Fed in the upcoming meetings. - Goldman Sachs Global FX Strategy