BoJ’s Tamura: Timing of exit from easy policy must be not too late, not too early
30.08.2023, 05:37

BoJ’s Tamura: Timing of exit from easy policy must be not too late, not too early

“The timing of exit from the easy policy must be not too late but not too early,”  Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday.

Additional comments

Whether scaling back easy policy early next year will depend on various data at the time.

Ending negative rate, YCC are all options in case BoJ were to exit easy policy.

Even if BoJ were to abandon negative rate, that is not monetary tightening or rate hike as monetary conditions will remain loose.

It will take a bit more time to judge whether Japan meets BoJ’s price target in sustainable manner.

In what order and what pace BoJ exits easy policy will depend on economic conditions at the time.

Ending negative rate becomes an option if sustainable, stable achievement of 2% inflation target comes into sight

Won't comment on FX levels, moves.

Call on whether sustainable achievement of 2% inflation target can be foreseen could come before january-march next year, or later

BoJ’s July decision wasn't directly targeted at FX.

Very important for FX moves to reflect economic, financial fundamentals.

BoJ will conduct monetary policy with close eye on impact of FX moves on Japan's economy.

Market reaction

USD/JPY is paring gains on the above comments. The pais is retreating from intraday highs of 146.26, currently trading at 146.19, still up 0.22% on the day.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik