Forex News
Back
Oct 16, 2015
Will continue easing until 2% inflation is stable – BOJ’s Kuroda
FXStreet (Mumbai) - The Bank of Japan (BOJ) Kuroda was on the wires today, reiterating that the bank would continue QQE until 2% inflation is stable.
Kuroda also added that the bank may adjust policy as needed. In his speech, the governor took a note of slowdown in the exports and imports, but added that consumer spending ticked higher in Q3.
He also assured markets that inflation as measured by the consumer price index would reach 2% once oil price impact fades.
Kuroda also added that the bank may adjust policy as needed. In his speech, the governor took a note of slowdown in the exports and imports, but added that consumer spending ticked higher in Q3.
He also assured markets that inflation as measured by the consumer price index would reach 2% once oil price impact fades.