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26 Apr 2016
Ex-BOJ’s Nakahara: Abe probably isn't waiting for BOJ to move now
In interview reported by Bloomberg, Former BOJ board member Nakahara said that BOJ should wait this week before considering new stimulus measures.
Key Quotes:
BOJ shouldn't act now
Abe probably isn't waiting for BOJ to move now
Japan must gauge impact of negative rates from longer view
BOJ's negative rates will be effective
USDJPY around 110 is a comfortable level for Japan
Govt needs to intervene if USDJPY breaks 100
Key Quotes:
BOJ shouldn't act now
Abe probably isn't waiting for BOJ to move now
Japan must gauge impact of negative rates from longer view
BOJ's negative rates will be effective
USDJPY around 110 is a comfortable level for Japan
Govt needs to intervene if USDJPY breaks 100