Tokyo University professor Motoshige Itoh is one of the private members on Japan’s Council on Economic and Fiscal Policy:
- “I think the yen is just very low now. Not because of just intentional policy for managing, manipulating the exchange rate, but because of just very strong anti-deflation policies.”
- ‘So eventually I think the yen will appreciate to a more normal level. But the question is when.’’
- Bank of Japan Governor Haruhiko Kuroda must be very careful about any additional monetary easing
- Says there will probably be ‘‘more creative discussion about monetary policy from now on in Japan”
Itoh interviewed on Bloomberg TV
