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BOJ says strong chance CPI will moderate, but not to back below 2% by mid fiscal year

BOJ says strong chance CPI will moderate, but not to back below 2% by mid fiscal year
The Bank of Japan monetary policy meeting in June outcome is here:BOJ announces no change to JGB Yield Curve Control tolerance band, as widely expectedIn brief from today's 'summary'" Appropriate to maintain current monetary easingWage growth needed, not just cost-push inflation, to sustainably, stably hit price targetPremature to shift policy as smaller firms becoming keen to hike wages, invest moreBOJ must maintain easy policy with eye on side-effects, as long-term risk to prices skewed to dow... Read More
Posted: Jun 26 2023, 00:03
Author Name: forexlive
Views: 112545

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