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Thursday, January 20, 2022

BOJ’s Funo voices worry about impact of protectionism

BOJ's Funo voices worry about impact of protectionism© Reuters. Newly-appointed BOJ board member Funo speaks during his inauguration news conference at the BOJ headquarters in Tokyo

SENDAI, Japan (Reuters) – Bank of Japan board member Yukitoshi Funo said on Thursday he was worried that protectionism could damage the world economy and trade volume, and in turn affect Japan’s economy.

Speaking at a news conference after a speech to business leaders in Sendai, northeastern Japan, Funo also said he had no preset idea on monetary policy as the central bank was ready to adjust policy as appropriate.

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Source: Investing.com

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