Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday, “the biggest focus is whether wage hike momentum will be maintained or not.” Addition
Bank of Japan board member AsahiNoguchi said on Thursday, “the biggest focus is whether wage hike momentum will be maintained or not.” Additional quotes Raising of YCC allowance band does not signify a tightening of monetary policy. If central banks hold rate hikes and inflation comes down, the risk of hard landing will be reduced. Japan's economy recoverying gradually.
When inflation expectations are in a stage of rising, some flexibility is needed to continue easy policy under YCC. Chinese economy facing risk of deflation or 'japanisation'. Need to pay close attention to fiscal, monetary policy response to low inflation by chinese authorities from now on. There are signs of upward price pressures coming down.
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