He is having a conversation with IMF managing direction Kristalina Georgieva:
Underlying inflation will likely stay around 2% but we recognize some upside risks
We do look at actions of other central banks very carefully as they do affect asset prices, interest rates and exchange rates
We are discussing communication by the central bank but don’t have a formal commitment yet
The market is split almost 50/50 on what the Bank of Japan will do on December 18 but it’s a bit early for signalling from Ueda.
This article was written by Adam Button at investinglive.com.
