Bank of Japan’s Kamezaki on the Wires

Written June 3, 2009 at 1:36 AM EST by  

BoJ’s Kamezaki: Now is not the time to exit unconventional actions
- Will exit temporary policies only when market fully stabilizes; markets still unstable
- Fiscal health will be the key factor in determining proper L/T rate decisions
- Increase in JGB supplies are seen as only one reason behind recent rise in yields
- Sees recovery in near term, long term outlook continues to remain uncertain

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