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BOJ's Takata says must maintain current massive monetary policy easing

BOJ's Takata says must maintain current massive monetary policy easing

Bank of Japan monetary policy board member Takata comments crossing news wires.

USD/JPY a litte higher on the loose policy comments.

  • Inflation is higher due to rising raw material costs, but Japan has yet not yet experienced sustained price increases accompanied by wage increases
  • CPI is thus likely to have a lower pace of increase in the second half of fiscal 2023

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Japan's fiscal year 2023 begins on April 1.

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Posted: Mar 2 2023, 01:33
Author Name: forexlive
Views: 082237

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