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BOJ's Ueda says will not hesitate to ease monetary policy further if necessary

Appropriate to continue monetary easing to achieve 2% inflation targetRisk from tightening too hastily is larger than monetary policy falling behind the curveJapan inflation likely to slow below 2% in latter half of the yearDecided to reorganise forward guidance given changes in government's classification of Covid-19, lower risk of pandemic's impact on economy and marketsThe headline remark is an homage to Kuroda but the bolded remark is the one that stands out. In some sense, if you were to ex... Read More

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Boj

Ueda

Says

Will

Hesitate

Ease

Monetary

Policy

Further

Necessary

Forex

Posted: Apr 28 2023, 06:39

Author Name: forexlive

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