BOJ Kuroda: will maintain yield curve control as long as is necessary

The Bank of Japan's (BoJ) Governor Kuroda is speaking at the central bank's quarterly branch manager meeting, delivering even-toned statements that he hopes will continue to push Japan's economy towards the BoJ's targets.

Key highlights

Japanese economy expanding moderately, expects it to continue doing so.

Japan's consumer inflation is moving between 0.5% and 1.0%.

Japan's financial system is maintaining stability above all else.

The BoJ will continue to control the yield curve for as long as needed until inflation hits their 2% target.

The central bank will adjust its monetary policy as needed to maintain economic momentum.

The BoJ will continue to expand the monetary base until consumer inflation stably exceeds 2%.

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.