Japan equity strategist for Goldman Sachs, Kathy Latsu, gave an interview with BloombergTV today in the run-up to the Bank of Japan’s (BoJ) latest rate decision and subsequent monetary policy statement.
Matsu noted that Japan’s inflation readings have simply not been anywhere close to the BoJ’s target, and it is unlikely that the BoJ will be making any changes to their framework any time soon. Matsu also warned that the central bank has been walking a fine line between helping Japan exit deflation without destabilizing the overall economy, and that the government wants to avoid tighter fiscal policy alongside tighter monetary policy.
Matsu also pointed out that despite minor changes to bond-buying operations, there is little evidence of a shift towards any tapering patterns,
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