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BOJ’s Kuroda: There is scope for further negative rate easing

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    BOJ Governor Kuroda is on the wires via MNI yet again, commenting on the monetary policy.

    Key Quotes:

    No signs that negative rates are causing companies to delay investment and spending

    No technical limit to asset purchases now

    There is scope for further negative rate easing

    Technically still possible for BOJ to buy as many Japanese Govt. Bonds as it wants

    BOJ will not reach the limit of its JGB buying for the next few years

    Monetary policy is for price stability, not targeting FX market
    For more information, read our latest forex news.
     

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