BoJ’s Kuroda: Inflation expectations are now slightly picking-up

Dhwani Mehta FXStreet

Key quotes from the BoJ Governor Kuroda are noted below, as he speaks on the bank’s monetary policy programme at the ECB’s policy panel: ‘At the heart of policy: challenges and opportunities of central bank communication.

"Inflation expectations are now slightly picking-up.

Inflation formation in Japan is largely backward looking.

Making a strong commitment to achieving 2% price target.

We continue with the strong accommodative policy.

So as to reduce output gap further and boost employment and wages.

Communication is a matter of policy itself."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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