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No chance deposit rates will turn negative – BOJ’s Kuroda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    More comments from BOJ Kuroda that hit the wires in the last hour:

    BOJ etf purchases aimed at achieving price target, not supporting stock market

    Global economic fundamentals not that bad

    Market moves since start of this year has been somewhat excessive

    Major central banks' monetary policy not targeting currencies

    For large economies, price stability and FX stability are not necessarily the same thing

    Global market jitters have not yet subsided

    Expect government to take steps to promote growth driven by private sector

    BOJ not excused from meeting 2 pct price target if government does not implement growth strategy

    No chance deposit rates will turn negative
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