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MNI BRIEF: BOJ's Uchida Sees Strong JGB Stock Effect

MNI (TOKYO) - Bank of Japan Deputy Governor Shinichi Uchida said on Friday that the BOJ’s large JGB holdings continue to have a strong easing effect.

Uchida told lawmakers that underlying inflation is moving toward the bank’s 2% price target and the Japanese economy is recovering moderately. 

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MNI (TOKYO) - Bank of Japan Deputy Governor Shinichi Uchida said on Friday that the BOJ’s large JGB holdings continue to have a strong easing effect.

Uchida told lawmakers that underlying inflation is moving toward the bank’s 2% price target and the Japanese economy is recovering moderately. 

Keep reading...Show less