The Traderszone Network

Published in TZ Latest News 4 September, 2015 by The TZ Newswire Staff

No BOJ easing needed in Oct if inflation expectations anchored: IMF

The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF’s mission chief for Japan said on Friday. Kalpana Kochhar, who is also deputy director of the International Monetary Fund’s Asia and Pacific Department, said there was scope for China to expand the yuan’s (CNY=CFXS) trading band further.

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