Recap of the BOJ summary earlier - 'Japanification' talk may lead to BOJ policy review
Post on the BOJ Jan meeting summary at the link
of opinions is here at this link
- The U.S. Federal Reserve and the European Central Bank have been reviewing their policy approach and inflation targets to avert "Japanification" - a term used to describe the country's two-decades battle against deflation and anemic growth.
A member of the BOJ board acknowledged that:
- it's necessary to review monetary policy in Japan too, given prolonged low growth and low inflation