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BoJ Kuroda: Inappropriate to scale back stimulus while wage growth remains low

Started by PocketOption, Mar 08, 2022, 11:29 am

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BoJ Kuroda: Inappropriate to scale back stimulus while wage growth remains low

BoJ Governor Haruhiko Kuroda told the parliament today that inflation expectations and wages growth in Japan are still low. Even if inflation exceeds the 2% target, “it’s inappropriate to deal with by scaling back stimulus or tightening monetary policy,” he said. “If crude oil and commodity prices drive up inflation while wage growth remains slow, […]


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