Financial Times (November 4)
2015/ 11/ 05 by jd in Global News
It now “seems likely, and indeed desirable, that the BoJ will be forced to expand its programme of quantitative easing before too long.” The Bank of Japan revised both its inflation and growth forecasts downward, and extended its horizon for achieving its inflation target. “Disappointing outcomes do not mean that the BoJ’s combination of an inflation target and using QE has failed, but that it needs to be more enthusiastically pursued. The BoJ can and should contemplate going further.”
Tags: Bank of Japan, Forecasts, Growth, Inflation, Outcomes, Quantitative easing
