BOJ’s Sakurai: Extension of stimulus measures will depend on coronavirus situation

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) policymaker is back on the wires now, via Reuters, noting that the central bank will decide whether to extend emergency stimulus measures by looking at developments regarding the coronavirus pandemic.

Further comments

“It is clear the Japanese economy is starting to recover.”

“Now is the time to monitor the impact of the steps BOJ has taken so far.”

“No big change to view on the economy, prices outlook compared to July.”

“BOJ is at the stage of assessing the impact of these measures.”

USD/JPY keeps the neutral view unchanged – UOB

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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