Reuters reports additional comments from the Bank of Japan (BOJ) Chief Kuroda, as he now says that the central bank needs to bear in mind the possibility that prolonged low-rate policy may hurt financial intermediation.
He further said that the BOJ will consider additional easing if momentum towards 2% inflation is lost adding that there is no need to change the 2% inflation target.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.