- BoJ Gov Kuroda: Inflation expectations have improved recently, but still not sufficient
Market news
6 February 2019
BoJ Gov Kuroda: Inflation expectations have improved recently, but still not sufficient
expect consumer inflation to gradually accelerate toward 2 pct
Japan's economy has improved significantly since 2013
expansion of base money has impact on economy via decline in real interest rates, which pushes down bank lending rates
huge expansion of monetary base in itself won't immediately stimulate economy
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