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BOJ's Nakagawa: No preset idea on order or timing on how to phase out easy policy

BOJ's Nakagawa: No preset idea on order or timing on how to phase out easy policy
Sees equal degree of upside and downside risks to inflationCan exit NIRP when economy is strong enoughBut there is no preset idea on order or timing of thatIt depends on financial developments at the timeDoes not want to comment on FX levelsIt took them long enough to do something after the positive wage developments in March and even then, the July action was somewhat disappointing. And for now, it looks like they aren't willing to chance it and take any further bold steps in the near future... Read More
Posted: Sep 7 2023, 05:49
Author Name: forexlive
Views: 111593

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