BoJ’s Kuroda: There won't be change in monetary policy

Dhwani Mehta FXStreet

The Bank of Japan (BoJ) Governor Kuroda is back on the wires now, via Reuters, now speaking at a press briefing on the monetary policy outlook.

Key Points:

There won't be a change in monetary policy when inflation is still half-way to target.

BOJ took appropriate steps in July to continue easing policy.

Interest rate gap between the US, Japan likely to widen so if all other conditions equal, that would lead to Dollar rises vs Yen.

There won't be a change in monetary policy when inflation is still half-way to target.

BoJ took appropriate steps in July to continue easing policy.

Interest rate gap between the US, Japan likely to widen so if all other conditions equal, that would lead to Dollar rises vs Yen.

BoJ can ease more if needed.

There are various other ways to bolster stimulus.

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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