72% of Japanese firms see no need for additional BoJ easing - Reuters poll

FXStreet (Bali) - According to a Reuters poll, 72 pct of japan firms see no need for additional easing in monetary policy, while it also shows that only 20 pct of Japan firms think inflation of 2 pct or more is desirable.

Reuters quotes Takuji Okubo, chief economist at Japan Macro Advisors, saying "Japanese firms appear to believe more monetary stimulus would do more harm than good as it could raise volatility in markets, disrupting their business."

Okubo adds: "It's true that Japanese exporters are benefiting from a weak yen caused by monetary easing, but many companies seem to be content with current exchange rate levels."