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If BOJ decided to act, it would need to move in a “timely fashion” – Abe’s adviser Honda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Additional headlines from Japan PM Abe’s Adviser Etsuro Honda as he noted earlier that the BOJ could consider further easing measures amid global market turbulence.

    Key Quotes:

    Inflation expectations are now at risk of weakening further considering a sharp decline in stock prices and a sharp rise in the yen

    If BOJ decided to act, it would need to move in a “timely fashion”

    It should be made a priority to stimulate demand through both fiscal and monetary policies, and if necessary the government should put together a supplementary budget in the autumn or later
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