The Bank of Japan (BOJ) monetary policy board member Funo is on the wires now, via Reuters, making some comments on the central bank’s monetary policy outlook.
Key Headlines:
Must maintain sufficiently low rates for prolonged period given prices, inflation expectations not heightening much.
BOJ’s policies keeping short-, long-term rates stable at low levels, helping stimulate corporate, household activities.
BOJ forward guidance leaves room for low rates to be maintained beyond spring 2020.
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