Highlights from Bank of Japan policymaker Naoki Tamura are:
- The occurrence of a change in monetary policy next year depends on the various data at the time
- Ending negative interest rates and controlling the yield curve are options in case the BOJ crashes out of easy politics
- Even if the Bank of Japan abandons negative interest rates, that doesn't mean tightening monetary policy
- Inflation in Japan is expected to slow for now before rising mildly again
- We can expect sustainable wage increases on the back of tougher economic conditions
2% inflation target "clearly looms" but fitting for BOJ to continue monetary easing while monitoring wage and price developments
- It will take more time to judge whether the price target will be achieved in a sustainable way
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