TOKYO, April 12 (Reuters) - The Bank of Japan could help
prevent abrupt policy changes later by allowing more flexibility
in its yield curve control policy, the International Monetary
Fund said in its global financial stability report released on
Tuesday.
"While allowing more flexibility in the yield curve control
policy could have some repercussions in global financial
markets, such a change not only is warranted to meet monetary
policy objectives but could also help prevent abrupt policy
changes later that could trigger larger spillovers," the IMF
said in the report.
(Reporting by Leika Kihara
Editing by Shri Navaratnam)
Messaging: leika.kihara.reuters.com@reuters.net))
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