Some in Bank of Japan warned of economic slump as they eased in March
[TOKYO] Some Bank of Japan policymakers warned the country's economy may suffer a prolonged stagnation even as they ramped up stimulus in an emergency meeting last week, a summary of their views at the March 16 rate review showed.
"As for monetary policy ahead, the BOJ can respond flexibly, including holding an emergency meeting ... depending on economic and price developments," one of the nine board members was quoted as saying in the summary released on Wednesday.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery
‘We aren’t going anywhere’: TikTok CEO expects to defeat US restrictions