BoJ’s Funo: Downside risk to medium to long-term inflation expectations large
|The Bank of Japan (BoJ) board member Funo is out on the wires now, via Livesquawk, commenting on the Japanese economy and monetary policy programme.
Key Headlines:
Need to patiently promote strong monetary easing under the current framework.
Momentum towards 2 percent price target in place, still distance to price target.
Risk of instability in the financial system is not large.
Prices remain weak, downside risk to medium to long-term inflation expectations large.
Expects the pace of economic growth to slow in fiscal years 2019 and 2020.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.