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IMF proposes options for BoJ to allow further flexibility and increases in long-term yields

IMF said in a statement that “accommodative monetary policy stance remains appropriate” for BoJ. But it warned of the “exceptionally high uncertainty around baseline inflation projections with risks tilted to the upside”. Upside risks include “delayed effects of exchange rate depreciation, border reopening, second round effects of imported inflation, fiscal support, and higher-than-expected wage growth.” […] The post IMF proposes options for BoJ to allow further flexibility and increases in long... Read More

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Posted: Jan 26 2023, 11:30

Author Name: actionforex

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