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2 Jun 2022
BOJ’s Adachi: Tightening policy to stem yen decline would squeeze corporate funding
Bank of Japan (BOJ) board member Seiji Adachi is back on the wires now, via Reuters, speaking on the negative effect of the monetary policy tightening to curb the yen's downfall.
Key quotes
Trying to stem weak yen by tightening monetary policy would squeeze corporate funding.
Downside risks to Japan’s output appear to be heightening but that is offset by improvement in household sentiment.