BOJ Member: We need to monitor the side effects of current policy

29 Aug 2018 08:10 AM

Bank of Japan member Hitoshi Suzuki said today that the expansion of bond yields is not the same as taking a decision to raise interest rates. His most prominent comments were as follows:

  • Expanding the scope of returns is not a direct positive step for banks.
  • Need more time to evaluate the movements in yield in the long term.
  • We need to monitor the side effects of current policy.
  • The financial system is stable.
  • Duration of time does not mean any specific time.
  • There is no problem with capital liquidity now.

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