BoJ Nakagawa sees positive developments, but loose monetary policy still needed

BoJ Board member Junko Nakagawa struck a cautiously optimistic tone today about the Japanese economy, citing “positive developments” and “signs of change in corporate price and wage-setting behavior.” However, she was quick to note that the country has not yet achieved its price target “in a stable, sustainable fashion.” Nakagawa noted that there are chances […]

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