1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

BOJ’s Funo says won't ease in response to short-term price dips - Nikkei

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - In an interview with the Nikkei newspaper earlier on the day, Bank of Japan (BOJ) board member Yukitoshi Funo said that the central bank will not consider just a specific economic or price indicator to assess whether further monetary easing is required, while it will look at the long-term economic trend in guiding monetary policy.

    Key Quotes:

    "We're seeing fewer companies offer discounts and examples like these, which do not clearly appear in price indices, are pushing up corporate profits."

    "The BOJ doesn't necessarily need to ease policy in response to short-term moves in financial markets."

    “It won't ease just because one indicator, such as the core consumer price index, fell by a certain degree."
    For more information, read our latest forex news.
     

Share This Page