IMF'S Lipton: recent changes in BoJ's monetary framework already showing some success

Haresh Menghani FXStreet

David Lipton, first deputy managing director at the International Monetary Fund (IMF) was on wires, via Reuters, noting that the recent changes in BoJ's monetary policy are in the right direction.

Key quotes (via LiveSquawk):

• We think it's not yet time to withdraw fiscal stimulus but that can begin soon
• BoJ's new monetary framework already showing some success, bringing down volatility in JGB market and stabilizing yield curve

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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