BOJ’s Funo: No need to add stimulus now

The Bank of Japan (BOJ) board member Funo is back on the wires now, via Reuters, speaking about the monetary policy outlook and economy.

Key Points:

No change scenario Japan’s economy to recover in the latter year half.

See no need to ease policy now.

No need to add stimulus now.

No comment on specific fx levels.

Need to take action if price momentum is lost.

Jul 3, 2019

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