BOJ Nominee Likely to Be Cautious in “Unwinding” Monetary Easing, Hayakawa Says
Speaking on Bloomberg Markets from the Goldman Sachs Global Macro Conference Asia Pacific 2023 in Hong Kong, Senior Fellow Hideo Hayakawa comments that the probability of outgoing Bank of Japan Governor Haruhiko Kuroda delivering a big surprise in the March BOJ meeting is “very small.”
Noting that economist Kazuo Ueda, who has been nominated to succeed Kuroda, is “cautious,” Hayakawa predicts that the process of unwinding the complicated monetary easing measures implemented during the tenure of his predecessor will be “very slow and gradual.”
“Former BOJ Official Hayakawa on Japan’s Monetary Policy,” Bloomberg Markets
Profile of Senior Fellow Hideo Hayakawa
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