- Analytics
- News and Tools
- Market News
- Japan's regulatory chief urges BOJ to consider impact of easing on banks
Japan's regulatory chief urges BOJ to consider impact of easing on banks
The Bank of Japan is responsible for deciding whether to ramp up stimulus to support the economy, but should weigh the impact its monetary policy will have on the banking sector, the country’s top financial regulator said on Monday.
There is mounting speculation the BOJ may be forced to join other major central banks in expanding stimulus as early as next month to protect economic growth as the U.S.-China trade war continues to drag on Japan’s export-reliant economy.
Toshihide Endo, commissioner of the Financial Services Agency (FSA), said sliding global bond yields and the BOJ’s prolonged ultra-loose monetary policy were only among various factors weighing on regional banks’ profits.
Structural woes, such as a shrinking population, were also exerting pressure on Japan’s regional banks to revamp their business models into those less reliant on traditional lending, Endo said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
