BOJ’s Nishimura: BOJ has, and always will, be open to any new monetary policy scheme

Author: Pete Jackson | Category: News
  • BOJ will debate if September, October’s easing was enough
  • Have to consider costs/benefits of any new steps taken to beat deflation
  • Economy may be undershooting our forecasts
  • Output wasn’t necessarily good in Oct but the decline appears to have stopped although its too early to day it has bottomed out
  • Will look closely at key economic Japanese/US data before considering any policy response