BoJ's Takata: Must maintain current massive monetary policy easing BOJ CentralBanks USDJPY InterestRate
Inflation is higher due to rising raw material costs, but Japan has yet not yet experienced sustained price increases accompanied by wage increases.If the economic slow down overseas intensifies that could be a weight on the economy of Japan and prices.
If firms remain cautious about hiking pay that could prevent Japan from having a sustained rise in inflation.USD/JPY is edging higher on the dovish BoJ commentary, trading near daily highs of 136.45, up 0.19% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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