WSJ:
- BOJ’s Takata said the bank should be ready to resume policy tightening if U.S. trade talks progress.
- “I believe that the bank is currently only pausing its policy interest-rate hike cycle and should continue to make a gear shift after a certain period of ‘wait-and-see,’” Takata said in a speech to business leaders in Mie prefecture, central Japan.
“Given that uncertainties regarding various U.S. policies remain high, I believe that the bank is required to conduct monetary policy in a more flexible manner without being too pessimistic,”
Takata spoke at length, there is more here at my post from earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.
