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BOJ's Kuroda repeats he won't hesitate on action to hit 2% inflation target

Discussion in 'Fundamental Analysis' started by ForexLive, May 2, 2016.

  1. ForexLive

    ForexLive Forum Member

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    He hesitated last week Kuroda comments to reporters in Frankfurt: - Strong yen can have unwelcome effect on economy - Closely watching how recent market moves affect Japan's policy and prices Japan is on holiday from Tues-Thurs so it's a tough to for the BOJ to fight back. The US also put Japan, China, Germany and South Korea on a new list of countries that have questionable FX policies on the weekend, so the optics of intervening now could be ugly.

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