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BOJ Gov Ueda spoke over the weekend - said "still a distance to go" to exit loose policy

Bank of Japan Governor Ueda spoke on Saturday at the annual meting of the Japan Society of Monetary Economics. He said that there was "still a distance to go" before the BOJ exits its ultraloose monetary policy.Ueda addressed that have been expressed that the BOJ's huge balance sheet will make an exit from ultraloose policy difficult by exposing it to massive losses. Ueda said this is not a consideration for his conduct of policy. "The objective of the Bank's monetary policy is achieving price s... Read More

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Posted: Oct 1 2023, 20:29

Author Name: forexlive

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