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"The Bank of Japan need not boost its massive monetary stimulus this week as the labor market remains tight, a key economic adviser to Prime Minister Shinzo Abe said on Monday.*** Koichi Hamada, an emeritus professor of economics at Yale University, also told Reuters that the central bank does not have to rush into further easing but rather can monitor the prospects for an interest rate hike by the United States.*** "As long as the jobs-to-applicant ratio and unemployment rate show the labor market remains tight, the BOJ can wait for a while," Hamada said in an interview."
"The Bank of Japan need not boost its massive monetary stimulus this week as the labor market remains tight, a key economic adviser to Prime Minister Shinzo Abe said on Monday.*** Koichi Hamada, an emeritus professor of economics at Yale University, also told Reuters that the central bank does not have to rush into further easing but rather can monitor the prospects for an interest rate hike by the United States.*** "As long as the jobs-to-applicant ratio and unemployment rate show the labor market remains tight, the BOJ can wait for a while," Hamada said in an interview."
[text] Key Abe Advisor Says BOJ Can Wait for More Easing | Reuters
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