Further comments are out from the Bank of Japan (BOJ) board member Wakatabe, as he calls for immediate easing without hesitation if the economy loses momentum to hit the price goal.
He said that “there is a significant risk we may have to change our baseline scenario that economy will continue moderate expansion as a trend.’
Additional Headlines:
Sees risk of delay in growth pickup during 2H 2019.
BOJ won’t act just because the Fed does.
Instead will look at what is driving any particular action by the Fed.
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