28688
Warning Over Further BoJ Easing
World Economy

Warning Over Further BoJ Easing

Japan Finance Minister Taro Aso voiced caution about the merits of further stimulus by the Bank of Japan, saying that monetary policy alone could not achieve its 2% inflation target, NewsNow reported. Aso’s remarks came amid speculation that the BoJ may embark on a fresh round of quantitative easing at its policy meeting on Oct. 30 in a bid to nudge inflation up toward the target next year. “There’s limit to what monetary policy can do to boost prices,” Aso told reporters on Friday after a cabinet meeting. “In the current situation, it is hard to hit the original aim with the BOJ’s monetary easing alone.”

Short URL : https://goo.gl/nmcK6S
  1. https://goo.gl/P65OZr
  • https://goo.gl/S4rX4o
  • https://goo.gl/DyxfwX
  • https://goo.gl/8u81tc
  • https://goo.gl/lHe2Yn

You can also read ...

Poland to Maintain Solid Growth
Polish economy’s all significant macro fundamentals appear...
King Khaled International Airport
Saudi Aramco may have grabbed the biggest headlines, but the...
Zimbabwe is in arrears of nearly $1.8 billion  to the World Bank and ADB .
The International Monetary Fund Thursday said it was ready to...
While the tariff conflict may still be in its infancy,  global trade growth rate has almost halved.
The global economy will continue to expand strongly in the...
Wells Fargo Will Cut Workforce
Wells Fargo & Co said on Thursday it would reduce its...
Imran Khan Says Economic Revival a Priority
Pakistan Prime Minister Imran Khan on Thursday said that the...
Global Stocks Hit 6-Month High
World shares hit their highest levels in more than six months...
US Trade Deficit to Worsen
Trade deficit with the United States would worsen in the near...

Trending

Googleplus