TOKYO :A possible revision to a joint Japanese government and Bank of Japan statement that focuses on pulling the country out of deflation must be discussed with the new BOJ governor, Finance Minister Shunichi Suzuki said.
"But the goals mentioned in the joint statement, such as the need to pull Japan out of deflation and achieve stable economic growth, remain important policy challenges," Suzuki said. Some analysts say a revision to the statement signed a decade ago would allow the BOJ to tweak its ultra-loose monetary policy more flexibly, and could heighten market expectations of a near-term end to its yield control policy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pulling Japan out of deflation remains key challenge - Finance Minister SuzukiTOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday that pulling the economy out of deflation and achieving stable growth remain an important policy challenge.Suzuki made the comment in parliament, when asked whether the government would seek to revise the current joint statement with the Ban
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Re-think needed to regulate Big Tech in finance, says BIS' CarstensLONDON : A 're-think' is needed on how to directly regulate activities of Big Tech companies in financial services given their size and influence, Bank for International Settlements General Manager Agustin Carstens said in Wednesday.'Without a doubt, a regulatory re-think is warranted, and we need a new p
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rethink needed to regulate Big Tech in finance, says BIS' CarstensLONDON :A rethink is needed on how to directly regulate activities of Big Tech companies in financial services given their size and influence, Bank for International Settlements General Manager Agustin Carstens said in Wednesday.Big Tech companies such as Alibaba and Amazon have been involved for some time in
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rethink needed to regulate Big Tech in finance, says BIS officialLONDON :A rethink is needed on how to directly regulate activities of Big Tech companies in financial services, given their size and influence, a top official at an international forum for central banks said in Wednesday.Data-rich Big Tech companies such as Alibaba and Amazon have been involved for some time
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »