• Bank of Japan Governor Kuroda: There are limits to what BOJ can do in the sense it cannot underwrite debt due to legal constraints

Noticias del mercado

5 septiembre 2016

Bank of Japan Governor Kuroda: There are limits to what BOJ can do in the sense it cannot underwrite debt due to legal constraints

  • Don't share view that monetary policy is reaching its limits

  • Even within current framework there is ample room for further easing

  • First issue to analyze is what factors have hampered achievement of price target

  • What we should bear in mind when conducting monetary policy is not its limit but comparison between its benefits and costs

  • Negative rates have had impact on mkt liquidity, banks' profits, so need to assess this policy

  • Given we have been implementing large-scale monetary easing, any additional easing entails costs

  • We should not hesitate to go ahead with monetary easing as long as it's necessary for Japan's economy as a whole

*via forexlive

Enfoque del mercado
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
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: