Not a Good Time for BOJ to Modify YCC: Kiuchi

The transcript discusses the financial market's expectations regarding the Bank of Japan's (BOJ) potential tweak in Yield Curve Control (YCC) and the BOJ's readiness to add stimulus. It analyzes the timing for a possible YCC modification, considering the influence of long-term yields in Japan and the US. The impact of yen depreciation and inflation on BOJ's policy decisions is also examined, along with public criticism and economic indicators that could affect BOJ's actions.

What are the potential risks associated with the BOJ modifying the YCC?

In what ways might public criticism of the BOJ change compared to last year?