BOJ's Kuroda: BOJ won't hesitate to take additional easing steps

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    BOJ's Kuroda continues to speak in parliament, noting that he told G20 meeting in Washington that BOJ won't hesitate to take additional easing steps if needed to hit price target.


    Told G20 BOJ added negative rate policy to QQE to achieve inflation target at earliest date possible

    Believe we gained G20 understanding to our explanation on BOJ's policy management

    G20 shares view its agreement warning against competitive currency devaluation does not constrain monetary policy, including negative rates

    Closely watching how market moves impact economy

    Hard to measure impact of Kumamoto quake on economy though watching effect including on sentiment
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