7 Nov 2016
Japan’s Asakawa: New BOJ framework is not de facto tapering
A Japanese finance ministry official, Masatsugu Asakawa, was on the wires last hour, via Bloomberg, warning markets over Brexit and China slowdown risks. He also commented on the BOJ’s monetary policy program.
Key Quotes:
“BOJ alone cannot overcome deflationary mindset”
“New BOJ framework is not de facto tapering”