OctaFX | OctaFX Forex Broker
Open trading account

BOJ’s Wakatabe: Downside risks exist over BOJ's economic, price forecasts

Given the current economic situation, we need to be mindful of chance downside economic risks materialize and affect prices, said the Bank of Japan (BOJ) Deputy Governor Wakatabe on Wednesday.

Key Quotes:

BOJ expects inflation to gradually accelerate.

Downside risks exist over BOJ's economic, price forecasts.

BOJ will carefully examine economic, price moves to check whether mechanism for hitting price goal is working.

BOJ won't hesitate to take additional easing steps if momentum for hitting price goal is lost.

inflation has yet to reach BOJ's goal, risk of Japan returning to deflation cannot be ruled out.

BOJ expects global economic growth to gradually pick up.

More to come ..

Breaking: RBA Lowe says economy still passing through “gentle turning point” for the better

This is a developing story RBA Governor Philip Lowe is speaking on “The Year Ahead” at the National Press Club, Sydney today. Markets are looking for
Read more Previous

AUD/USD keeps losses as RBA's Lowe reiterates “gentle turning point” description

AUD/USD continues to trade in the red despite Reserve Bank of Australia's governor reiterating the message that the economy is passing through a "gent
Read more Next
Start livechat