Saturday, January 19, 2013

IMF?s Lagarde on Japan?s expected 2% inflation target: ?Interesting?

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Christine Lagarde commenting on Japan:

  • Monetary policy with an inflation target is a ?good and interesting project if associated with clear independence of the central bank,?
  • ?The recently announced fiscal and monetary package is intended to create growth in the short term,?
  • ?We are not supportive in any shape or form of attempts to create competitive devaluation and open currency wars.?

There is no photo of Lagarde accompanying the article, so I wont bother waking Gerry up :-)

IMF chief calls BOJ?s inflation target ?interesting? project

Source: http://www.forexlive.com/blog/2013/01/17/imfs-lagarde-on-japans-expected-2-inflation-target-interesting/

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