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BOJ’s Kuroda: Will continue with massive monetary easing to achieve 2%

Reuters is out with the latest comments from the Bank of Japan (BOJ) Governor Kuroda, with the key headlines found below.

"Will continue with massive monetary easing to achieve 2%.

It's true it's taking time to hit the 2% price target.

Data indicates pre-sales tax hike demand rush smaller than the 2014 tax hike.

Carefully monitoring the consumption trend after the sales tax hike."

USD/JPY is off the 108.66 lows on the dovish comments by the BOJ Chief Kuroda, trading around 108.75, still down -0.20% on the day.

Author

Dhwani Mehta

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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