BOJ’s Wakatabe: There is no immediate need to review the BOJ policy framework

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) board member Wakatabe is back on the wires now, via Reuters, noting that there is no immediate need to review the BOJ policy framework.

He added that he sees no need to change the target range for the 10-year yield.

Further Comments:

We may pre-emptively and take action if the board can agree it will be hard to achieve the 2% inflation target.

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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