Will there be any real change at the Bank of Japan? - Capital Economics
FXstreet.com (Barcelona) - The Capital Economics team have issued a brief note questioning whether there will be any real change at the BoJ.
They write, "Expectations that a higher inflation target and a "new accord" with the government will prompt much more aggressive monetary easing have continued to weaken the yen. However, a closer look at the proposed reforms at the Bank of Japan does not reveal any 'game-changers'."
They write, "Expectations that a higher inflation target and a "new accord" with the government will prompt much more aggressive monetary easing have continued to weaken the yen. However, a closer look at the proposed reforms at the Bank of Japan does not reveal any 'game-changers'."
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