BOJ’s Kataoka says the need to ramp up stimulus is heightening By Reuters

BOJ's Kataoka says the need to ramp up stimulus is heightening By Reuters

HAKODATE, Japan (Reuters) – Bank of Japan board member Goushi Kataoka said on Wednesday the need for the central bank to expand stimulus was heightening as some global economic risks were materializing and clouding Japan’s recovery prospects.

“Personally, I feel the need for additional easing is heightening. On the other hand, many central banks are ramping up stimulus, which could affect the global economy,” Kataoka told a news conference after meeting with business leaders in Hakodate, northern Japan.

“I’d like to take these points into account in deciding what the BOJ needs to do at its September meeting,” he said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link