Skip to content
Home » BOJ may exit easy monetary policy in second half of 2024 -ex-board member Kiuchi

BOJ may exit easy monetary policy in second half of 2024 -ex-board member Kiuchi

    The Bank of Japan is likely to orchestrate an exit from its easy monetary policy in the second half of next year even if the increases in inflation and wage negotiations this year cannot be sustained, former BOJ policy board member Takahide Kiuchi said on Thursday. The BOJ believes that continuing its long-lasting easy monetary policy can increase the risk of side effects on the economy, and could use "this logic" to end the policy even if its 2% inflation goal is not achievable, Kiuchi told the Reuters Global Markets Forum (GMF). Under its yield curve control (YCC) policy, the BOJ guides short-term interest rates at minus 0.1% and the 10-year government bond yield around 0% to reflate economic growth and sustainably achieve its 2% inflation target.

    Read full NASCAR article on Yahoo Sports

    Read all NASCAR articles