More comments from the IMF, this time on the BOJ and the weak yenEarlier from the IMF is here:IMF sees larger slowdown for China, Asia stagflationMore:
despite recent uptick, inflation remains subdued in Japan, allowing
the BOJ to be more accommodative than the Fed and ECBThe Bank of Japan boj is very
appropriately continuing to conduct accommodative monetary policy as
inflation has yet to pick up significantly in Japanimports become more
expensive for Japan with weak yen, but exports also increase and
offsets the impactwe do see scope for Japan to take support for households in very targeted matter to
mitigate impact from weak yen
Nothing in this lost is new or revealing.
Source: More comments from the IMF, this time on the BOJ and the weak yen (https://www.forexlive.com/centralbank/more-comments-from-the-imf-this-time-on-the-boj-and-the-weak-yen-20220425/)
forexlive.com