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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ Dep Gov Nominee Uchida Backs Easy Policy
Bank of Japan deputy governor nominee Schinichi Uchida said the BOJ needs to maintain easy policy to firmly support the economy amid uncertainties over the outlook for the economy and prices at home and overseas.
Uchida told lawmakers that he would like to consider possible measures to maintain easy policy. He said Japan’s inflation rate was driven by the rise in import prices, but the year-on-year rise in the inflation rate will fall below 2% towards the middle of next fiscal year.
Uchida is the BOJ executive director in charge of monetary policy and he was engaged in formulating easy policy, including yield curve control and the negative short-term interest rate.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.