BOJ’s Iwata: Appropriate to continue powerful monetary easing as inflation still distant from 2%

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) deputy governor Iwata is on the wires now, via Reuters, making a scheduled speech in parliament.

Key Headlines:

Japan's economic recovery gaining momentum reflecting improvements in overseas economies

Appropriate to continue powerful monetary easing as inflation still distant from 2%

QE was effective in spurring growth but it has been made more powerful by combining it with yield curve control

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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