- Various indicators show underlying inflation moving towards 2% inflation sustainably
- Some effects of monetary policy steps appear with a lag
- Want to scrutinise how policy decisions so far could affect the economy
- Neutral rate is an important means in deciding monetary policy
- But need to take into account features of various data, models, and assumptions as well
It’s her first big appearance as she begins her five-year term as BOJ policymaker starting from today. So, don’t expect any remarks that will deviate from the norm as to not break ranks.
This article was written by Justin Low at www.forexlive.com.
