Jaw mightier than printing press for yen bears

Jaw mightier than printing press for yen bears
On Thursday, he indicated he'd be comfortable with negative official interest rates. Abe's calls, however, provoke shrugs from some economists, who question whether it makes much sense to raise the inflation target when data shows prices are still falling.
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BOJ's Shirakawa Calls Abe's 3% Inflation Target Unrealistic
TOKYO (MNI) – Bank of Japan Governor Masaaki Shirakawa said on Tuesday that targeting 3% annual inflation would be "unrealistic" in Japan where the average year-on-year rise in consumer prices in the past few decades has been lower than in other …
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Tombini Sees Brazil Prices on Target Without Rate Increase
Brazil's central bank President Alexandre Tombini said keeping the key interest rate unchanged for a “prolonged time” is still the best strategy to ensure inflation will slow to its target next year. Tombini said today there is no need to change the …
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