22 Mar 2018
BOJ's Wakatabe: BoJ shouldn't hesitate to add easing if needed
The new Bank of Japan (BoJ) Deputy Governor Masazumi Wakatabe, during his scheduled appearance in parliament, was noted saying:
• Fiscal policy is up to the government
• Important to have synergy between fiscal and monetary policy
• Free trade is important
• BoJ shouldn't hesitate to add easing if needed
• If BoJ buys foreign bonds to influence FX levels, it would fall under MOF supervision