IMF Urges BOJ to Keep Clear Policy Message as War Clouds Outlook

Clear communication from the Bank of Japan will be even more important as uncertainty remains high amid ongoing Middle East tensions, the International Monetary Fund’s chief liaison for the country said two weeks before the central bank’s next monetary policy decision.

“When there’s a huge uncertainty, communication plays a key role in anchoring market expectations,” the IMF’s Mission Chief for Japan Rahul Anand said in an interview with Bloomberg on Wednesday. The “BOJ has been doing well in terms of communicating the monetary policy, so that will remain even more important,” he said.