Koji Fujiwara, Chairman of the Japanese Bankers Association, country’s banking lobby, expressed his take on the Bank of Japan’s (BoJ) monetary policy, with the key comments found below.
“BoJ must be mindful of the demerits of prolonged negative rate policy.
BoJ shouldn't persist on achieving 2% inflation target.
Suggests BoJ adopt a target range for prices, instead of a 2% target.
BoJ should cautiously take steps to make room for future monetary easing.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.