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- BoJ’s Amamiya: Appropriate to maintain current policy given underlying price moves
BoJ’s Amamiya: Appropriate to maintain current policy given underlying price moves
Bank of Japan (BoJ) Deputy Governor Masayoshi Amamiya said on Monday, “the BoJ has already shifted to a sustainable monetary easing framework, so it is appropriate to maintain current policy given underlying price moves.”
Additional comments
BoJ has operational tools to achieve exit from ultra-loose monetary policy.
What is more difficult is to decide whether conditions have met to exit easy policy, and how to communicate BoJ’s intentions.
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