OctaFX | OctaFX Forex Broker
Open trading account
Back

BoJ’s Kataoka: BoJ must focus on ways to hit 2% inflation target

Bank of Japan (BoJ) board member Kataoka was reported by Sankei newspaper earlier today, as saying the following on the central bank’s monetary policy programme.

Pushing down 15-year JGB yields below 0.2% would have much bigger stimulus affect them pushing down short-term rates.

Must avoid a situation where BoJ forced to continue current easing for a long time, thereby hurting the financial system.

No need to think about exit strategy now, BoJ must focus on ways to hit 2% inflation target.

BoJ needs to take additional easing steps as inflation won't reach 2% around fiscal 2019.

Fed's Dudley - US economy doesn't need tax stimulus

More comments from Fed's Dudley are crossing the wires via LiveSquawk- Opposes tax stimulus as the economy doesn’t really need it Confidence in do
Read more Previous

TransCanada to restart Keystone pipeline on Tuesday, WTI set to fall further?

Calgary-based TransCanada Corp came out with a brief statement on Tuesday, via Reuters, noting that the Keystone crude oil pipeline that carries oil
Read more Next
Start livechat