Earlier from the IMF is here:
More:
- despite recent uptick, inflation remains subdued in Japan, allowing the BOJ to be more accommodative than the Fed and ECB
- The Bank of Japan boj is very appropriately continuing to conduct accommodative monetary policy as inflation has yet to pick up significantly in Japan
- imports become more expensive for Japan with weak yen, but exports also increase and offsets the impact
- we do see scope for Japan to take support for households in very targeted matter to mitigate impact from weak yen
Nothing in this lost is new or revealing.
