Japan PM Abe: Don't think Japan should maintain ultra-easy policy forever

Dhwani Mehta FXStreet

More comments flowing in from the Japanese PM Abe, via Reuters, this time on the Bank of Japan (BoJ) monetary policy and inflation outlook.

Key Headlines:

BoJ's price target is one measurement when guiding economic policy but the key is to create jobs.

Japan's inflation has yet to reach BoJ's price target, hope BoJ keeps efforts to meet the target.

I trust BoJ Governor Kuroda's handling of monetary policy.

Don't think Japan should maintain ultra-easy policy forever.

Up to the BoJ to decide when to end the easy policy.

Will proceed with next year's scheduled sales tax hike.

Will mull steps to support spending of durable goods like automobiles, ensure sales tax impact on economy is as small as possible.

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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