Mar 3, 2021 03:17 GMTFXStreet News
The Bank of Japan (BOJ) must lower both short and long-term policy interest rates via ramping up purchases of Japanese government bonds (JGBs), the central bank’s board member Goushi Kataoka told business leaders in Maebashi City via an online meeting, per MNI.
Key quotes
“As for commitment, in order to prevent Japan’s economy from falling into deflation, further policy coordination of both fiscal and monetary policy is needed.”
“It was necessary for the BOJ to strengthen its policy commitment by relating the forward guidance for policy rates to price targets.”
USD/JPY reaction
USD/JPY was last seen trading at 106.80, up 0.14% on the day, heading back towards 107.00 amid the risk-on market profile.Get the 5 most predictable currency pairs
《探る 考える 「氷河期世代」と呼ばれて（上）苦悩》 時代に翻弄 心が疲弊 正規雇用へ道険しく｜ぐんま愛 職と起業｜上毛新聞ニュース
jomo-news.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jomo-news.co.jp Daily Mail and Mail on Sunday newspapers.
《週刊風っ子》自分のあだ名 どう思う？ 前橋の689人アンケート｜社会・話題｜上毛新聞ニュース
jomo-news.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jomo-news.co.jp Daily Mail and Mail on Sunday newspapers.
震災10年 思い重ねて 孤独深める避難者 慣れぬ地で夫失う｜社会・話題｜上毛新聞ニュース
jomo-news.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jomo-news.co.jp Daily Mail and Mail on Sunday newspapers.