Bank of Japan board member Takehiro Sato: the effect of the central bank’s stimulus measures declined

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7 dezembro 2015

Bank of Japan board member Takehiro Sato: the effect of the central bank’s stimulus measures declined

The Bank of Japan (BoJ) board member Takehiro Sato said on Monday that the effect of the central bank's stimulus measures declined.

"Monetary easing effects appear cumulatively in theory, but in terms of positive effects and side effects, it is likely that the easing effects have been diminishing," he said.

Sato noted that the central bank cannot purchase government debt indefinitely at its current pace.

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