Senior BOJ Official: BOJ’s current easy monetary policy is helping increase household income, asset prices

Dhwani Mehta FXStreet

Reuters reports the latest comments from a senior Bank of Japan (BOJ) official, with the key headlines found below.

BOJ’s current easy monetary policy is helping increase household income, asset prices by stimulating capex, housing investment.

BOJ is guiding easy monetary policy with an eye on the risk that excessive decline in super-long bond yields could hurt public sentiment.

Increase in female and elderly workers may push down wages and prices in the short-term but will help push them up long term via heightening potential growth.

At the press time, USD/JPY continues to trade around a flatline in mid 109s, as US-China trade uncertainty keeps markets in a standstill this Black Friday.

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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