{"id":256265,"date":"2024-02-29T07:53:45","date_gmt":"2024-02-29T02:23:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=256265"},"modified":"2024-02-29T07:53:45","modified_gmt":"2024-02-29T02:23:45","slug":"need-to-consider-taking-flexible-response-including-exit-from-monetary-stimulus-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/need-to-consider-taking-flexible-response-including-exit-from-monetary-stimulus-crypto-news\/","title":{"rendered":"Need to consider taking flexible response including exit from monetary stimulus &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Bank of Japan (BoJ) board member Hajime Takata said on Thursday that the central bank \u201cneeds to consider taking flexible response including exit from monetary stimulus.\u201d<\/p>\n<h2 class=\"fxs_headline_medium\">Additional takeaways<\/h2>\n<blockquote>\n<p>Achievement of 2% inflation target is becoming in sight despite uncertainty of economy outlook.<\/p>\n<p>Exit measures would include abandoning yield curve control framework, ending negative rates, overshoot commitment.<\/p>\n<p>Need to bear in mind taking balance between effect of easing and side effects.<\/p>\n<p>Economy is entering cycle of rising wages and prices, away from chronic deflation cycle.<\/p>\n<p>In case for entering exit, BoJ would need to conduct appropriate policy steps while paying attention to health of its balance sheet.<\/p>\n<p>Momentum is rising in spring wage talks.<\/p>\n<p>Many companies are offering higher-than-2023 wage hikes.<\/p>\n<p>High wage hike rate would prompt continual expectations that household income will rise.<\/p>\n<p>Small companies are still facing problem in passing costs to prices, but some are making forward-looking investments in productivity, human resources.<\/p>\n<p>Corporate sector is becoming resilient to yield rises at the exit of monetary policy.<\/p>\n<\/blockquote>\n<h2 class=\"fxs_headline_medium\">Market reaction<\/h2>\n<p>The Japanese Yen has caught a fresh bid wave on Takata\u2019s hawkish signals, smashing <a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> 0.40% on the day to 150.08, as of writing.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Bank of Japan (BoJ) board member Hajime Takata said on Thursday that the central bank \u201cneeds to consider taking flexible response including exit from monetary stimulus.\u201d Additional takeaways Achievement of 2% inflation target is becoming in sight despite uncertainty of economy outlook. Exit measures would include abandoning yield curve control framework, ending negative rates, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":16688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,367,248,386,251,246,257,255,684,250,252,247,253,249,275,256,254],"class_list":["post-256265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-boj","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=256265"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256265\/revisions"}],"predecessor-version":[{"id":256266,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256265\/revisions\/256266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/16688"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=256265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=256265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=256265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}