BOJ's Kuroda - Current policy is sufficient to hit 2 percent price target

Omkar Godbole FXStreet Contributor

Bank of Japan (BOJ) Governor Kuroda is back on the wires stating that the current yield curve control policy is sufficient to hit the 2 percent inflation goal.

The BOJ minutes released in early Asia showed a couple of policymakers are worried that the current policy may not be able to deliver the desired results.

Key quotes from Kuroda

Current policy is sufficient to achieve an appropriate yield curve, hit 2 percent price target.
There is good reason to believe next year's spring wage negotiations could lead to bigger wage hikes than those for this year.
Expect next Fed chair to take appropriate monetary policy steps looking at U.S., global economic developments.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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