BoJ’s Wakatabe: The central bank communication would be very interesting

Dhwani Mehta FXStreet

Bank of Japan (BoJ) policymaker Masazumi Wakatabe said in a Bloomberg TV interview early Monday, “the communication would be very interesting” at the upcoming policy meeting this Friday.

Key quotes

“It’s still too early to call that this inflation has been sustainable and stable.”

“My guess is that at the June meeting, there will be nothing.”

“There are the overwhelming cases for the continuation of this policy,”

“But, of course down the road, they may want to change some sort of particularities. Then the question is how do they communicate to change these two things, the strategy part and the tool part. The communication would be very interesting.”

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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