Dovish board member calls for review of BOJ’s policy framework

0
43

OTSU, Japan (Reuters) – The Bank of Japan should review its framework to re-examine its tools for propping up , one of its board members said on Thursday, as the fallout from the outbreak risks tipping the into recession.

Goushi Kataoka, one of the most dovish members of the board, said the government and the central bank must coordinate their policies to maximise the boost to growth.

“I believe there’s room for the BOJ to review its policy framework and re-examine its effect including how it interacts with (the government’s) fiscal and pro-growth policies,” Kataoka said in a speech to business leaders in Otsu, western Japan.

Article continues below Advertisement...

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (, indexes, futures) and Forex are not provided by exchanges but rather by market makers, and so may not be accurate and may differ from the actual market price, meaning are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here