IMF official calls for BOJ to 'be cautious'

A senior International Monetary Fund official on Monday 3 September urged the Bank of Japan to "be cautious" about ending its quantitative credit easing policy.

"The BOJ is right to be cautious in ending quantitative easing," as the danger of falling back to deflation is now greater than the possibility of inflation starting to pick up, said David Burton, director for the IMF's Asia and Pacific Department.

Burton said at a news conference in Tokyo that Japan's consumer prices may turn positive

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: