BoJ’s Masai: Big JPY swings are a cause for concern – RBC CM

Research Team at RBC Capital Markets notes that the BoJ Policy Board member Masai said that big JPY swings are a cause for concern, as they could impact business sentiment in a negative way.

Key Quotes

“He said that the Japanese economy was better in H2 2016 but reaffirmed that the BoJ policy is to maintain aggressive QQE despite the new yield curve control and it stands ready to ease more if needed.”