Japan’s Asakawa: New BOJ framework is not de facto tapering

Dhwani Mehta FXStreet

A Japanese finance ministry official, Masatsugu Asakawa, was on the wires last hour, via Bloomberg, warning markets over Brexit and China slowdown risks. He also commented on the BOJ’s monetary policy program.

Key Quotes:

“BOJ alone cannot overcome deflationary mindset”

“New BOJ framework is not de facto tapering”

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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