No More BOJ Gov Kuroda – BOJ Must Maintain Easy Policy


He continues, this time with comments geared toward domestic monetary policy:

  • The BOJ must maintain the current monetary easing, but it will also be possible to consider measures to remedy the side effects of an accommodative policy

  • by maintaining the current easy policy, it is possible to achieve our price target in a sustainable and stable manner, accompanied by wage growth, while monitoring the side effects of our policy

As I noted earlier, Kuroda’s term ends on April 8, Ueda will be his replacement. Kuroda relentlessly insists on an easy policy until the end of his term. I don’t think Ueda will be in a hurry to change policy too much.

Kuroda, Ueda. Both seated.


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