IMF'S Lipton: recent changes in BoJ's monetary framework already showing some success
|David Lipton, first deputy managing director at the International Monetary Fund (IMF) was on wires, via Reuters, noting that the recent changes in BoJ's monetary policy are in the right direction.
Key quotes (via LiveSquawk):
• We think it's not yet time to withdraw fiscal stimulus but that can begin soon
• BoJ's new monetary framework already showing some success, bringing down volatility in JGB market and stabilizing yield curve
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