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QQE policy has a risk for BOJ's finances – BOJ’s Kuroda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - Bank of Japan (BOJ) Governor H. Kuroda is crossing the wires now, reiterating that the central bank is ready to take the necessary steps to achieve the 2% price target.

    Key Quotes:

    Price trend expected to continue improving, Japan inflation will steadily head toward 2 pct target

    Japan's economy improving gradually

    Pace of wage growth somewhat slow when considering very tight job market, record high corporate profits

    Have absolutely no plan to change boj's 2 pct inflation target

    Expects inflation to reach 2 pct around latter half of fiscal 2016, though timing may move somewhat depending on Oil price moves

    No plan to ease policy now

    Won’t hesitate to adjust policy if needed to hit price target

    QQE policy has a risk for BOJ's finances
    For more information, read our latest forex news.

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