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Times of Japan > News > IMF top economist sees Japan’s monetary easing as appropriate
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IMF top economist sees Japan’s monetary easing as appropriate

Staff
Staff Published July 27, 2022
Last updated: 2022/07/27 at 10:34 PM
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The Bank of Japan’s accommodative monetary policy stance “seems quite appropriate,” Pierre-Olivier Gourinchas, chief economist at the International Monetary Fund, said in an interview on Tuesday.

“We don’t see signs that … monetary policy needs to be contractionary in Japan,” given a lack of inflation pressures, Gourinchas said. The monetary easing “can help sustain economic activity” in Japan, he said.

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Staff July 27, 2022
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