- Chairman of the Japanese Bankers Association: Bank of Japan shouldn't persist on achieving 2% inflation target
Market news
14 February 2019
Chairman of the Japanese Bankers Association: Bank of Japan shouldn't persist on achieving 2% inflation target
Koji Fujiwara, chairman of the Japanese Bankers Association, told a regular news conference:
Bank of Japan must be mindful of the demerits of prolonged negative rate policy
Bank of Japan should cautiously take steps to make room for future monetary easing
Suggests Bank of Japan to adopt a target range for prices, instead of a 2% target
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page