Japan's growth prospects look more promising and we are on the threshold of an end to deflation. Yields are set to increase.
More Quotes from Masuhisa Kobayashi:
We expect the core nationwide CPI to rise 0.4 pct year-on-year, for a fourth straight month of non-negative growth.Masuhisa Kobayashi
If the Bank of Japan takes its first step to end 'quantitative easing' this week ... we believe that it is unwise to assume that the Bank of Japan will continue with zero interest rates for long after ending its policy.
Masuhisa Kobayashi
The CPI was higher than expected and is supportive for the BOJ. The markets have already discounted an early end to the quantitative easing policy.
Masuhisa Kobayashi
No one's ever seen anything like this. There can be various patterns to the way the Bank of Japan will exit the policy.
Masuhisa Kobayashi
The fact that BOJ acted in the face of resistance from certain government officials and politicians means the market must now focus its attention on the central bank rather than the government.
Masuhisa Kobayashi
Giving a super-clear predictability on the course of monetary policy will not be good for any central bank.
Masuhisa Kobayashi
Readers Who Like This Quotation Also Like:
Hope is the most exciting thing there is in life.Mandy Moore
I believe that nothing happens apart from divine determination and decree. We shall never be able to escape from the doctrine of divine predestination - the doctrine that God has foreordained certain people unto eternal life.
Charles Spurgeon
We are not punished for our sins, but by them.
Elbert Hubbard