BOJ's Takata says not thinking of raising rates one after another

Don't want to single out any policy step in mentioning "nimble responses"Gradual steps will be needed amid mixed circumstances surrounding smaller firmsWe need to keep some easing measures to some extentBut important for exit strategy to not be too complicatingUSD/JPY nudges up slightly on the headline remark from 149.75 to 149.95 but is still down 0.5% on the day. This article was written by Justin Low at www.forexlive.com.

Feb 29, 2024 - 11:55
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BOJ's Takata says not thinking of raising rates one after another
  • Don't want to single out any policy step in mentioning "nimble responses"
  • Gradual steps will be needed amid mixed circumstances surrounding smaller firms
  • We need to keep some easing measures to some extent
  • But important for exit strategy to not be too complicating

USD/JPY nudges up slightly on the headline remark from 149.75 to 149.95 but is still down 0.5% on the day.

This article was written by Justin Low at www.forexlive.com.
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