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BOJ's Adachi: If there is a global recession, will have to keep easy policy
A global recession would put big downward pressure on pricesSo, BOJ will have to keep easy policy in such an eventIf overseas growth rebounds and pushes up domestic prices, we will of course move to a phase of gauging the timing of a policy shiftAs for any changes in July, Adachi says that he finds it hard personally to make a strong call on the inflation outlook ahead of the meeting. Adding that the central bank fears any premature policy shift would put Japan back into deflation territory. Tha...
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Posted: Jun 21 2023, 05:22
Author Name: forexlive
Views: 081110
