Bank of Japan should ease if global shocks threaten price goal: Harada

Bank of Japan should ease if global shocks threaten price goal: Harada
 

Bank of Japan board member Yutaka Harada said on Wednesday the central bank should not hesitate to expand monetary stimulus if global economic shocks hamper achievement of its price target.
Harada shrugged off the view that the BOJ had exhausted its policy ammunition to reflate the economy, stressing it still had room to cut interest rates, increase asset purchases or accelerate the pace of money printing.
"Japan is quite distant from reaching the limits of monetary easing," Harada said in a speech to business leaders in the central Japan prefecture of Nagano.
The BOJ last month... read more

 
12 October 2016 in Business, Views: 47
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31