- BoJ should not raise interest rates for at least half a year.
- Necessary to eventually normalise monetary policy.
- Monetary policy should not be used to manipulate currency rates.
- Effects of currency interventions only have short-term effects.
These are just token remarks and they are not important for the market even though he’s right on everything.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
