BOJ unlikely to ease further near term - Japan's FinMin

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Japan's Finance Minister Aso, in an interview with public broadcaster NHK last Friday, hinted that the BOJ is unlikely to ease further near term, throwing cold water to the growing number of pro 'QQE' supporters.

    Key Quotes

    Govt is not considering a supplementary budget this fiscal year due to surplus of cash in the Japanese economy and weak domestic demand.

    Govt is not thinking about anything like that, and probably the Bank of Japan will not undertake additional monetary easing right now"
    For more information, read our latest forex news.

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