BoJ to continue with easing policy - BoJ's Kuroda

Joshua Gibson FXStreet

The Bank of Japan's (BoJ) Haruhiko Kuroda is delivering a speech at a business leaders' meeting in Nagoya, tugging the same old lines that have become the hallmark of the Japanese central bank's public appearances.

Key highlights

Japanese market functions have improved somewhat following the BoJ's July policy-tweaking.

The BoJ is aware that continued easing policies affect financial system stability.

If financial institutions take on more risk it could risk destabilizing the financial system.

BoJ to continue monitoring risks of financial destabilization.

BoJ to carefully watch "demerits" of easy policy, balance of effects and costs of its current policy.

Uncertainty from overseas and impact on Japan's economy continue to rise.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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