Goldman Sachs on the moves for the Bank of Japan announced today
- "We would interpret the proposal to re-appoint Kuroda and nominate . Wakatabe, known as a reflationist, as a strong message from the Abe administration to pursue the current monetary easing scheme, including yield curve control."
H/t to Zero Hedge for this quote
I reckon GS are right (I said so earlier: current policy is firmly on track for continuation) which is probably why I'm posting this.
Bias, eh?
I'll be back
I was never gone ...
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