BOJ Keen to Keep Interest Rates Low Even Beyond Spring of 2020
Bank of Japan could consider implementing further easing of monetary policy if consumer prices failed to rise.
Arslan Butt•Tuesday, May 14, 2019•1 min read
Bank of Japan Governor Kuroda stated that the central bank could consider implementing further easing of monetary policy if consumer prices failed to rise. Kuroda made these statements while addressing the Japanese Parliament earlier today.
He also commented that short and long term rates could continue to be kept low at least until Spring 2020 and maybe even beyond this time.
Meanwhile, as trade tensions between US and China continue to build up, USD/JPY trades bearish at around 109.56 at the time of writing.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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