Monday, October 19, 2015

BOJ unlikely to ease further near term - Japan's FinMin

FXStreet (Bali) - Japan's Finance Minister Aso, in an interview with public broadcaster NHK last Friday, hinted that the BOJ is unlikely to ease further near term, throwing cold water to the growing number of pro 'QQE' supporters.

Key Quotes

Govt is not considering a supplementary budget this fiscal year due to surplus of cash in the Japanese economy and weak domestic demand.

Govt is not thinking about anything like that, and probably the Bank of Japan will not undertake additional monetary easing right now"
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