IMF chief economist says Bank of Japan rate hikes a good development for Japan | Forexlive
IMF chief economist Pierre-Olivier Gourinchas spoke in an interview with Reuters at the Jackson Hole annual economic symposium on Friday. Saud the BoJ can continue to raise rates gradually, a ‘data dependent’ pace: inflation is higher than the Bank’s 2% target inflation expectations have started to move “maybe even a little bit above” that target…