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IMF says too early to talk about exit from easy policy in Japan

Reuters  |  NUSA DUA, Indonesia 

NUSA DUA, (Reuters) - A senior said on Friday it was "too early" to talk about normalising in Japan, as it will take a long time to achieve the Bank of Japan's 2 percent target

"Do you think it's time for the to exit easy policy? The short answer is no," Odd Per Brekk, of the IMF's and Pacific department, told a conference during the Fund's and World Bank's annual meeting in the Indonesian resort island of

He added that ultra-loose must be accompanied by other efforts, such as structural reforms, for to see hit the BOJ's target.

Changyong Rhee, of the IMF's and Pacific department, told the same conference that there will be no winners in from escalating Sino-U.S. trade tensions.

(Reporting by Leika Kihara; Editing by Shri Navaratnam)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 10:02 IST