- Analytics
- News and Tools
- Market News
- Ex-BOJ’s Momma: Central bank to keep easy monetary policy ‘for many quarters to come’
Ex-BOJ’s Momma: Central bank to keep easy monetary policy ‘for many quarters to come’
The Bank of Japan (BOJ) will continue with its current monetary easing program “for many quarters to come” to ensure economic recovery and pursue a still remote target of sustainable 2% inflation, Kazuo Momma, a former top official in charge of monetary policy at the central bank, said in a Bloomberg TV interview on Monday.
Momma said, “there’s a good case for the BOJ to be sticking to the current yield curve control for the rest of this year or even after that.”
Market reaction
At the time of writing, USD/JPY has paused its rebound, now keeping its range near 135.10, down 0.06% on the day.
© 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
