Central Banks
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
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The Bank of Japan is likely to stick with rock bottom interest rates in the near future including at this week’s policy meeting, according to a former deputy governor.
“It’s still too early to call that this inflation has been sustainable and stable,” ex-deputy chief Masazumi Wakatabe said in an interview on Bloomberg TV Monday. “My guess is that at the June meeting there will be nothing.”