BoJ’s Adachi: It is too early to make changes to easy monetary policy BOJ CentralBanks USDJPY
Bank of Japan board member Seji Adachi said on Wednesday, “it is too early to make changes to easy monetary policy.”Our base price scenario is fraught with uncertainty.
The price outlook contains both upside and downside risks, with the longer-run downside risks appearing to be greater.Given the risks to the global economy, Japan's economy must be wary of downside risks.At the time of writing, USD/JPY is defending minor bids near 141.60 on the dovish BoJ commentary.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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