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- BOJ’s Kuroda: Will ease monetary policy without hesitation as needed
BOJ’s Kuroda: Will ease monetary policy without hesitation as needed
The Bank of Japan’s (BOJ) Haruhiko Kuroda said that the central bank “will ease policy further without hesitation as needed” yet another time, as he speaks at the post-monetary policy meeting press conference scheduled on Tuesday.
Additional quotes
No need to change current monetary easing.
Will patiently continue current powerful monetary easing.
In many cases commodity-driven inflation has been short-lived in Japan.
Wages are rising moderately reflecting tight labor market.
Necessary to pay attention to whether higher prices are not negatively impacting households.
Market reaction
USD/JPY is keeping its range below 115.00 on these above comments. The spot is, however, up 0.22% on the day, currently trading at 114.85.
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