BOJ's Kuroda: No specific upper limit for bond purchases

Omkar Godbole FXStreet Contributor

Bank of Japan (BOJ) governor Kuroda's take on the central bank's bond purchase program and inflation goal is crossing the wires via LiveSquawk:

There is no specific upper limit for bond purchases.
Japan is no longer in deflation but we need to maintain stimulus as our mandate is to achieve 2 percent inflation.
Yearly net purchase of bond buying likely below JPY 40 trillion now.

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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