Last quote by Hideo Kumano
The BOJ is in a tough spot because it doesn't have the ammunition left to do aggressive easing. Any future easing would be defensive, not offensive, and in response to external events like a yen spike.
Oct 03 2016
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Hideo Kumano is associated, including BOJ and January. Most recently, Hideo Kumano has been quoted saying: “The decision came as an utter surprise. I thought the BOJ would ease further today to accelerate the yen trend which had been weakening on expectations for further easing.” in the article Yen soars, stocks slump as BOJ holds policy, pushes back inflation target. An other article where Hideo Kumano has been quoted is Bank of Japan runs groupthink risk as board dissenters depart.
Quotes by Hideo Kumano
Apr 28 2016
The decision came as an utter surprise. I thought the BOJ would ease further today to accelerate the yen trend which had been weakening on expectations for further easing.
Mar 30 2016
The BOJ is a group of like-minded bureaucrats, and the board is one of the few channels in which it has interaction with the outside world. Respecting the minority view and diversity in the board helps prevent the BOJ from going too extreme in a single direction.
Mar 14 2016
Given the confusion caused by the January move, I don't think the BOJ will be able to cut rates again for the time being.
Jan 29 2016
It has gone on the defensive. It made this decision not because it's effective, but because markets are collapsing and it feels it has no other option.
Nov 18 2014
Economic growth is weak and prices are falling. It's hard to argue a positive economic cycle remains in place.
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided