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BOJ's Kuroda: Policy alone cannot solve Japan's economic problems

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Bank of Japan Governor Kuroda is speaking in parliament, noting that monetary policy alone cannot solve Japan's economic problems.


    Technically possible to push interest rates deeper into negative territory

    It's true bank notes in circulation have been on the rise in japan but don't see shift in trend since adoption of negative rate policy

    Still halfway to inflation target

    Labor market improving

    Corporate profits high

    Drop in the price of oil the main reason haven't hit inflation target
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