Japan’s Ex-MoF Nakao: Widening YCC band to make policy transition smoother Japan BOJ CentralBanks USDJPY
, Takehiko Nakao, spoke about a smoother transition away from the central bank’s ultra-loose monetary policy, in a Reuters interview on Wednesday.“The BOJ has not succeeded so much in raising inflation expectations and bringing down real interest rates while side-effects became larger. I was thinking the current framework must be modified sooner or later.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan’s Ex-MoF Nakao: BoJ should alter current easing policy framework as side effects mountJapan’s former Top Currency Diplomat Takehiko Nakao said on Tuesday, the Bank of Japan (BoJ) should alter current easing policy framework as side effe
Read more »
Japan ex-top finance official Nakao says BOJ adjustments will smooth change of governorThe Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary policy when Governor Haruhiko Kuroda retires in April, former top currency diplomat Takehiko Nakao told Reuters in an interview.
Read more »
Japan's Nakao sees smoother path for Kuroda's successor with BOJ policy shiftThe Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary policy when Governor Haruhiko Kuroda retires in April, former top currency diplomat Takehiko Nakao told Reuters in an interview.
Read more »
BOJ Kuroda: Widening of yield band not step towards easy policy exitBank of Japan (BOJ) Governor Haruhiko Kuroda said on Monday the central bank's decision last week to widen the allowance band around its yield target was 'absolutely not a first step' towards an exit from ultra-loose monetary policy.
Read more »
These stocks are winning the battle against inflation and expanding profit marginsSome companies are widening gross profit margins despite the slowing economy.
Read more »
Little Trans Women: New York Times op-ed claims author Louisa May Alcott was a trans manLouisa May Alcott, the author of the renowned novel Little Women, was a transgender man, a new op-ed in the New York Times suggested on Saturday.
Read more »