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Not thinking about lowering rates again now – BOJ’s Kuroda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In parliament today, BOJ Kuroda speaks on the central bank’s negative interest rates policy.

    Key Quotes:

    As with BOJ, believe ECB’s negative rate policy aimed at pushing down real interest rates, heightening inflation expectations

    Not thinking about lowering rates again now

    Will take appropriate monetary policy steps in future if needed

    Will adjust monetary policy without hesitation if needed

    Meanwhile, the yen is seen extending gains following BOJ Kuroda’s comments, dragging USD/JPY to fresh session lows of 113.25.
    For more information, read our latest forex news.
     

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