BoJ’s Wakatabe: Should avoid premature shift in policy

Dhwani Mehta FXStreet

Following the comments from the Bank of Japan (BoJ) Deputy Governor Amamiya, another newly appointed Deputy Governor Wakatabe is now speaking at the Presser.

Main Headlines:

Various data show positive impacts of easing.

Benefits of monetary policy have not yet spread through to the economy.

Will work towards achieving 2% inflation target.

Should avoid a premature shift in policy.

BoJ shouldn't hesitate to add easing if needed.

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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