BOJ’s Kuroda: More easing possible if required to meet price target
|BOJ Governor Kuroda is back on the wires now, via Reuters, providing fresh hints on the bank’s monetary policy program going forward.
Key Headlines:
Chance of deepening negative rates low for now
BOJ ready to ease further if needed to hit 2 pct inflation target
Japan's economic growth accelerating
Inflation on track to hit 2 pct inflation during fiscal 2018, as we project in our quarterly report
BOJ's JGB buying proceeding smoothly, likely won't face any disruptions ahead
Meanwhile, USD/JPY moved slightly away from lows of 113.33 on BOJ Kuroda’s comments, and now trades at 113.40, still down -0.26%.
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