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Ex-BOJ official says Bank likely to begin phasing out extraordinary measures by Sep/Oct

Ex-BOJ official says Bank likely to begin phasing out extraordinary measures by Sep/Oct

Former executive director in charge of monetary policy during the pandemic (and also once head economist at the Bank) Eiji Maeda says the Bank of Japan will trim back measures within 6 months of getting a new Gorvenor in April.

Maeda spoke with Bloomberg:

  • “It’s more likely than not that the BOJ will take steps within the first six months of a new governorship”
  • “Still, even if YCC and the negative interest rate come to an end, the bank will probably continue with mon... Read More
Posted: Jan 25 2023, 04:38
Author Name: forexlive
Views: 110637

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