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- BOJ’s Adachi: Will ease policy further only in extreme cases
BOJ’s Adachi: Will ease policy further only in extreme cases
Bank of Japan (BOJ) board member Seiji Adachi is back on the wires, via Reuters, commenting on the monetary policy outlook.
Key quotes
BOJ will ease policy further only in extreme cases where a renewed spike in covid infections trigger sharp yen rise, stock falls.
I am still open on whether to extend the March deadline of pandemic-relief programmes.
Big firms' funding condition easing but want to look at developments regarding new covid variant, when asked if BOJ will extend march deadline for pandemic-relief programmes.
Japan's wages may not rise in the short-term but may gradually increase in the medium- and long-term.
USD/JPY unfazed
USD/JPY keeps its range around 113.50 on the above comments, +0.30% on the day.
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