• Bank of Japan Governor Kuroda: Tensions between US and China now go beyond trade and is much more serious than that faced by US and Japan in the 1980's

Notícias do Mercado

5 novembro 2018

Bank of Japan Governor Kuroda: Tensions between US and China now go beyond trade and is much more serious than that faced by US and Japan in the 1980's

  • BOJ must aim to achieve 2% inflation on average for prolonged period

  • But doesn't necessary need to achieve 2% inflation all the time

  • Early exit guideline by Fed ended up being unproductive

  • It is an example that laying out exit strategy too early is not desirable

  • Regional banks could face challenges in the next 5, 10, 15 years as profits dwindle

  • But BOJ's current easing policies likely won't be intact for such a long period of time

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