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Will find ways for additional easing if needed – BOJ’s Nakaso

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    More comments from BOJ’s deputy governor Nakaso, speaking to reporters in Okinawa:

    Ending deflation is BOJ's mandate

    Will find ways for additional easing if needed

    Won't give up on the fight to eradicate deflation

    Important to maintain market confidence over Japan's finances

    Doesn't think negative rates will severely hurt Japanese banks' intermediary functions

    G20 shares a stronger understanding that monetary policy alone can't achieve balanced economic growth
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