Market news
01.03.2023, 05:55

BoJ’s Nakagawa: We're aiming for positive economic cycle accompanied by higher wages

Bank of Japan (BoJ) board member Junko Nakagawa is back on the wires now, via Reuters, making some comments on the inflation and economic outlook.

Key quotes

Must look at various data in gauging price trend.

What we're aiming for is positive economic cycle accompanied by higher wages.

Want to spend some more time examining corporate bond market, when asked whether BoJ should take further steps to improve market functions as early as its March meeting.

There may be calls within BoJ to conduct comprehensive examination of policy framework, though I myself examine economic conditions at each policy meeting.

Related reads

  • USD/JPY Price Analysis: Eyes another battle with the key DMAs above 136.00
  • BoJ’s Nakagawa: Easy monetary policy is important for the time being, supports economy

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