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Masazumi Wakatabe: Prematurely shifting the BOJ’s easy policy could pull Japan back to deflation

ActionForex
By ActionForex

A nominee for BOJ deputy governor Masazumi Wakatabe: Said in confirmation hearing at lower house:

  • What’s most important is to make a full exit from deflation.
  • The BOJ’s 2 percent inflation target is effective and meaningful for this purpose.
  • Prematurely shifting the BOJ’s easy policy could pull Japan back to deflation.
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