BOJ’s Funo: will monitor side effects of expansionary policies

7 Nov 2018 08:56 AM

Bank of Japan monetary policy committee member Funo said they will monitor side effects of expansionary monetary policies. His most prominent comments were as follows:

  • There will be side effects if the expansionary monetary policy period is extended.
  • More facilities cannot be excluded if the economy is damaged by the shock
  • Trade war between the United States and China could damage the Japanese economy through a slowdown in China
  • No severe impact seen for now
  • US election results are likely to be within market expectations

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