Market news
19.09.2019, 07:01

BOJ's Kuroda: We will closely examine prices, economy at next meeting

  • Each respective central bank guides monetary policy based on their own economies

  • BOJ will scrutinise impact of other central bank moves' in guiding policy

  • Economic slowdown abroad is continuing, closer scrutiny is needed in October

  • No signs of recovery in the global economy just yet

  • Doesn't think that momentum to hit price goal is lost currently

  • Doesn't think that economic outlook is deteriorating rapidly

  • External demand is weak but domestic demand remains firm

  • BOJ main scenario of a pickup in global growth hasn't changed

  • BOJ still has options to ease monetary policy further

  • It would be more desirable if the yield curve would steepen more

  • Will make necessary adjustments to ensure yield curve is steep enough

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