BoJ’s Tamura: Not saying that the neutral rate should be 1%
Source Fxstreet
Bank of Japan (BoJ) board member Naoki Tamura is back on the wires, via Reuters, clarifying his earlier remarks on the central bank’s interest rate.
Key quotes
Not saying that neutral rate should be 1%.
Difficult to specify terminal rate at this point.
Will try to find where neutral rate should be while examining how economy prices respond to rate hikes.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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