• Senior Japan’s LDP Official: Now not the time for making a major policy change

Market news

16 January 2023

Senior Japan’s LDP Official: Now not the time for making a major policy change

Hiroshige Seko, Japan’s Liberal Democratic Party’s Upper House Secretary General, said in a Bloomberg interview on Friday that “it would be premature to start exiting stimulus when demand continues to lag behind supply in Japan’s economy.”

Key quotes

“The BOJ should keep going in the current direction”

“Now is not the time for making a major policy change.”

Related reads

  • USD/JPY slides toward 127.00 as Japanese Yen keeps rallying ahead of BoJ decision
  • BoJ announces JPY 1.4 trillion worth of bond-buying on Monday
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 disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.