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BOJ's Ueda: Appropriate to take time in determining when to modify easy policy

No change to BOJ stance of patiently maintaining easy policyWill not hesitate to take additional easing steps if neededWill maintain stimulus measures with yield curve controlThe cost of shifting policy prematurely is extremely highThe downside of waiting to ensure inflation hits 2% sustainably is smaller than shifting policy prematurelyThis just bolsters their current stance since the latest BOJ meeting. When Ueda took over, the shunto wage negotiations were seen as a springboard for a potentia... Read More

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Content Topics

Boj

Ueda

Appropriate

Take

Time

Determining

When

Modify

Policy

Forex

Posted: May 19 2023, 07:50

Author Name: forexlive

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