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BOJ Hints at Policy Shift Caution Ahead of Transition to Ueda
The Bank of Japan indicated a cautious stance toward pivoting from massive easing before achieving its inflation target, helping cool market speculation over any big monetary policy shift at the start of incoming governor Kazuo Ueda’s term. “The risk from a hasty policy change that could lead to missing a chance of such achievement should be considered as more significant than the risk from a delay in policy change,” one board member said, according to a summary of opinions from the March 9-10 policy meeting released Monday. The record doesn’t disclose who said what. The caution against acting too fast on ... (full story)
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- Posted: Mar 20, 2023 8:32am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,333
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