Noguchi believes no major changes are needed to the BOJ’s current bond tapering plan, which runs through March 2026, though he says the strategy beyond that should be reviewed from a long-term perspective.
A known dove on the BOJ board, Noguchi also urged caution on future interest rate hikes, saying they should proceed gradually and only with clear evidence that inflation is sustainably anchored around the 2% target, supported by wage growth.
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Bank of Japan board member Noguchi: Japan’s economy is growing steadily
While his monetary policy outlook are garnering attention its his 'only ramp up bond purchases during “severe market disruption”' comment grabbing the headlines.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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