BoJ's Kuroda: Monetary policy is not at an impasse
|The Bank of Japan (BoJ) Governor, Haruhiko Kuroda, was out with some comments in the last hour, saying that targeting 2% inflation has resulted in Japan no longer being in deflation.
Additional quotes:
- BoJ monetary policy is not at an impasse.
- Not aiming to buy green bonds on a priority basis.
- Not prioritising green bonds in corporate bond buying.
- Climate action does not mean a shift in policy for the 2% goal.
The comments did little to influence the Japanese yen, which remains well supported by the risk-off impulse in the market and momentarily dragged the USD/JPY pair below the key 110.00 psychological mark.
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.