Japan chief cabinet secretary Hayashi cites BOJ’s Ueda saying more rate hikes ahead

Japan Chief Cabinet Secretary Hayashi

  • Monetary policy should be considered, judged by BOJ, when asked about
    market expectations of further rate hikes by BOJ
  • I remember BOJ
    governor Ueda has already said, with some conditions, BOJ is ready to
    go in that direction
  • If economic situation requires stimulus, I would prefer increasing
    expenditure, payouts rather than tax reduction

This article was written by Eamonn Sheridan at www.forexlive.com. Source