Free Trial
AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile

USDCAD TECHS

Trend Structure Remains Bullish

US TSYS

Cautious Risk Appetite Gains Momentum

AUDUSD TECHS

Key Support Still Exposed

US STOCKS

Late Equity Roundup: 2W Highs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Sydney)
TOKYO (MNI)

Bank of Japan board member Hitoshi Suzuki says the BOJ must minutely assess not only the positive effects of monetary easing but also its side effects.

"For monetary easing measures to have a sustained impact, maintaining the stability of the financial system is indispensable," Suzuki told business leaders in Shimonoseki City via an online conference on Wednesday.

"Therefore, it is necessary to assess minutely not only the positive effects of monetary easing on economic activity and prices but also its side effects on the functioning of financial intermediation and financial markets that accumulate over time,"

He also said, "While closely monitoring the impact of COVID-19, it will consider a further extension of the Special Program and take additional easing measures if necessary."

"The BOJ made clear that the range of 10-year JGB yield fluctuations would be between around plus and minus 0.25%. This is important for maintaining the price stabilization function in the bond market," Suzuki said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
True
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
True

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.