19 Dec 2014
BoJ will continue easing - BTMU
FXStreet (Guatemala) - A collective of analysts at The Bank of Tokyo-Mitsubishi UFJ, Ltd explained that the BoJ will continue to pursue aggressive monetary easing.
Key Quotes:
“The BoJ has already shown that it is prepared to take pre-emptive action if downside risks to inflation increase leaving the door wide open for a further acceleration in asset purchases during 2015.”
“Accelerated BoJ easing would likely encourage an even more undervalued yen which could draw greater domestic concern”.
“The yen has already weakened significantly since the introduction of Abenomics and is now deeply undervalued by traditional long-term valuation estimates”.
Key Quotes:
“The BoJ has already shown that it is prepared to take pre-emptive action if downside risks to inflation increase leaving the door wide open for a further acceleration in asset purchases during 2015.”
“Accelerated BoJ easing would likely encourage an even more undervalued yen which could draw greater domestic concern”.
“The yen has already weakened significantly since the introduction of Abenomics and is now deeply undervalued by traditional long-term valuation estimates”.