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BOJ's Kuroda: Will take additional easing steps if needed

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    BOJ's Kuroda is speaking at a BOJ branch manager meeting, noting that he will take additional easing steps if needed, Reuters reports.

    Headlines - Reuters

    Japan's economy continues to recover moderately as a trend despite some signs of weaknesses in exports, output

    Japan's economy expected to expand moderately as a trend

    Consumer inflation likely to hover around zero

    Consumer inflation likely to hover around zero for time being, then accelerate towards 2 pct

    Japan's financial system maintaining stability

    BOJ will maintain qqe with negative rates for as long as needed to achieve 2 pct inflation in stable manner

    BOJ will take additional easing steps via quantity, quality of asset buying and interest rates if needed
    For more information, read our latest forex news.
     

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