BoJ's Kuroda: ETF purchases necessary, unlikely to achieve price goal before FY 2020

Omkar Godbole FXStreet Contributor

Bank of Japan Governor Kuroda on Wednesday said that purchases of exchange-traded funds (ETFs) is still a necessary policy step as it helps reduce risk premiums.

Kuroda added further that the central bank is unlikely to reach the 2 percent price target before the financial year 2020.

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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