An overnight piece that hit Reuters:
His headline comments hit during the London time (here), Reuters with a bit more a recap.
- "I think the BOJ wouldn't take further action right now"
- "Probably it will be a wise decision."
- "The BOJ's negative-rate policy ended up fanning further anxiety in financial markets, which lessened the impact in terms of weakening the yen"
- "I wish the yen would fall a little bit"
- "I wouldn't say the yen is too strong at the moment,"
Hamada is an economics professor at Yale university
-
ICYMI, its BOJ day, a few previews:
- A preview of the BOJ meeting today
- RBA and BOJ today - what to watch for, from Westpac
- What time is the BOJ announcement due today? What's expected?