BOJ’s Harada: Japan prices do not appear to be rising

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The Bank of Japan (BOJ) board member Yutaka Harada crossed the wires via Reuters last minutes, sounding less optimistic about the Japanese inflation outlook.

    Key Quotes:

    Japan prices do not appear to be rising

    If risks to prices appear the BOJ should add easing

    Prices will rise as energy effects dissipate

    Negative rate policy has been exerting intended effects

    Weak stock prices reflect weak economic activity

    Too early to assess effects of BOJ's negative rate policy

    Likely Japan consumption is flat, GDP on slight increase
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