• Advisor to the Prime Minister of Japan, Etsuro Honda: The only correct conclusion - the need for further easing of monetary policy

Notícias do Mercado

18 agosto 2016

Advisor to the Prime Minister of Japan, Etsuro Honda: The only correct conclusion - the need for further easing of monetary policy

- In September, the probability of a decisive easing policy exceeds 50%

- If the Bank of Japan does not take measures in the next month, the Japanese have lost hope

- I do not think that the Prime Minister believes that the easing of monetary policy by the Bank of Japan has reached its limits

- Strengthening of the yen is clearly excessive, indicating a failure of the current policy.

- It is necessary to act more decisively against the yen, and it does not matter what the US officials say.

- Japan will never be able to defeat deflation if the Bank of Japan decides that policy easing is ineffective

- No need for a further reduction of negative interest rates on deposits

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