"The BOJ must maintain monetary easing. It shouldn't modify
easy policy just because there are side-effects. Rather, it must
come up with ideas" to mitigate the costs and help sustain
stimulus, Uchida told an upper house confirmation hearing.
(Reporting by Leika Kihara and Tetsushi Kajimoto; Editing by
Tom Hogue)
TOKYO, Feb 28 (Reuters) - Incoming Bank of Japan (BOJ)
Deputy Governor Shinichi Uchida said on Tuesday the central bank
shouldn't modify its ultra-easy monetary policy just to address
the side-effects of prolonged stimulus.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.