- IMF’s Japan Chief: BOJ stimulus is required for long-term inflation
Market news
13 October 2022
IMF’s Japan Chief: BOJ stimulus is required for long-term inflation
Ranil Salgado, the IMF's mission chief for Japan, supports the Bank of Japan’s (BOJ) ultra-loose monetary policy stance for propelling inflation over the long term.
Key quotes
“Stimulus from the BOJ is required for long-term inflation.”
“A shorter BOJ yield target is necessary for policy sustainability.”
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