BOJ’s Sato: BOJ does not rule out additional policy steps

Author: Eamonn Sheridan | Category: News

Also:

  • Wont hesitate in fine-tuning policy flexibility if unexpected risks to economy arise
  • Won’t rule out option of offering longer-term fixed rate funds via market operations
  • Annual CPI growth likely to turn positive this summer
  • Chance of 2% inflation in 2 years not necessarily high
  • Goal of BOJ’s policy will be fulfilled if prices stabilise at a certain range with a median of 2% growth
  • Worries on China economic slowdown, but doesn’t see it as a huge constraint to Japan’s recovery
  • Chinese authorities focus on quality of growth likely to contribute to global economic stability in the long run
  • Risks to global economy are tilted to the downside but no change to the view that it will resume moderate recovery

Headline via Reuters

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose