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BOJ's Leading Dove Calls for Careful Approach to Tweaking Easing [Yahoo! Finance Canada]

HITACHI LTD ADR (HTHIY) 
NASDAQ:AMEX Investor Relations: hitachi.com/ir-e
Most Read from Bloomberg “We are at a state where it's important to adjust the degree of monetary easing carefully in accordance with the economic recovery by assessing a broad array of data,” Nakamura said Thursday in a speech to local business leaders in Hiroshima. His remarks indicated that the idea of hiking interest rates this month may not have unanimous support. The yen weakened immediately after the speech as traders pared back bets on a December move. Nakamura's remarks come as expectations about the timing for the BOJ's next rate hike have fluctuated over the last week. While Nakamura signaled there's no need to move in December, it's unclear how widely his views are shared among his peers on the board after Governor Kazuo Ueda kept all options open with recent remarks. Ueda said in an interview published Saturday that the timing for a hike is “nearing” as economic data have been in line with projections. The governor stopped short of offering specific hints pointin Show less Read more
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