BOJ Doesn't Need YCC Any More, Mizuho Securities Says

The transcript discusses the criticism of Governor Hueda's unclear communication regarding BOJ's policies, focusing on inflation and market control. It explores BOJ's strategy to maintain market stability through bond operations and the potential removal of YCC. The discussion also covers the possibility of significant policy changes in October and the dynamics between the yen and the greenback, highlighting market expectations and the impact of BOJ's policy adjustments.

What were some criticisms regarding Governor Hueda's communication?

What is the significance of the BOJ's optionality in controlling the market?

What are the expectations regarding the removal of YCC in the upcoming meetings?

How has the market reacted to the BOJ's policy changes in July?

What are the implications of the dollar-yen relationship in the short term?