BoJ's Kuroda: No change in central bank's stance to achieve the 2% price target
|The Bank of Japan (BoJ) Governor Kuroda is back on the wires now, via Reuters, noting that the BoJ needs to continue easing persistently to reach the price target.´
Additional Comments:
No change in the central bank's stance to achieve the 2% price target.
Wants to keep a close watch on the effects of trade protectionism.
BoJ needed a big policy change in 2013 because of deflation.
A rate hike might weaken economy.
BoJ needs to keep strong commitment with 2% target.
A rate hike may not help Japanese banks.
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