New Bank of Japan (BoJ) Governor, Kazuo Ueda, said on Monday that they want to avoid a sudden normalisation in monetary policy as it would cause a big impact on markets, as reported by Reuters.
Key takeaways
"We will debate all policy options at every monetary policy meeting."
"Fully aware that global economy is slowing and further slowdown is expected."
"Positive signs are emerging in prices."
"Very possible to reach sustainable price target as wage growth strengthens."
"Will do utmost to achieve inflation target during my term while paying attention to side effects."
"Will aim to explain each policy move in plain language."
"Need to make appropriate decision before reaching that stage."
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.