miércoles, 1 de agosto de 2018

Japan Update


August 1, 2018


Kuroda takes pains to

tweak policy as loosening 

lengthens

TOKYO -- The Bank of Japan's 
 decision on Tuesday to 
continue "powerful monetary 
easing" but allow long rates 
 move in a wider band reflects 
the balancing act faced by Gov. 
Haruhiko Kuroda.

He had to mitigate the

accumulated effects of years of 
easing, which 
were becoming a burden 
 bank earnings, while taking 
care not to send the wrong message that the 
BOJ was laying the groundwork 
for ending the program.

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