BOJ’s Kuroda: Discussed Japan, global economies and financial markets with PM Kishida
|After the conclusion of the meeting, the Bank of Japan (BOJ) Governor Haruhiko Kuroda said that he discussed Japan, global economies and financial markets with PM Fumio Kishida.
Additional quotes
Explained monetary policy to PM Kishida.
No discussion on economic stimulus package.
Told PM Kishida that the BOJ is aiming to achieve 2% inflation target.
Corporate funding for financial institutions is firmly in place.
Will continue yield curve control even after coronavirus is contained.
BOJ is in different situation from western central banks, when asked about fed move overnight.
Market reaction
USD/JPY is holding onto the latest rebound above 114.00 on Kuroda’s comments. The spot was last seen trading at 114.19, up 0.19% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.