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- BOJ’s Nakagawa: Hope to discuss policy change at September based on data available
BOJ’s Nakagawa: Hope to discuss policy change at September based on data available
Bank of Japan (BOJ) monetary policy board member Junko Nakagawa is back on the wires, via Reuters, commenting on the monetary policy outlook.
Additional quotes
BOJ decided to maintain its easy policy bias at July meeting, hope to discuss at Sept policy meeting whether it should continue doing so based on data available at the time.
BOJ’s pandemic relief programme still being tapped to some extent but balance of loans decreasing.
Fate of BOJ’s pandemic relief programme isn't necessarily linked to decision on whether to tweak forward guidance on monetary policy.
Must remain vigilant to downward pressure on economy from pandemic.
Market reaction
USD/JPY is dropping in tandem with the US dollar and the yields, now losing 0.29% on the day at 138.38.
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