BOJ's Nakaso: Structural reforms are also needed for growth, besides BOJ’s measures

Dhwani Mehta FXStreet

Bank of Japan (BOJ) deputy governor Nakaso crossed the wires last hour, via Reuters, noting that structural reforms are crucial to spur economic growth.

Key Quotes:

BOJ has taken steps to push down real interest rates but structural reforms also needed to push up growth potential

growing protectionism as seen in US election debate and anti-globalism are among barriers that could hamper expansion in global trade

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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