OctaFX | OctaFX Forex Broker
Open trading account
Back

BOJ's Kuroda - Still some distance to achieving the 2 pct inflation target

Bank of Japan (BOJ) Governor Kuroda stressed the need to keep the powerful monetary easing in place in order to achieve the 2 percent inflation target.

Key quotes (Source: Reuters)

  • Expect Japan's economy to steadily move toward achieving 2 pct inflation
  • BOJ will proceed with powerful monetary easing under yield curve control
  • Japan's economy enjoying growth driven by well-balanced support from external, domestic demand
  • Expect prices of processed goods, daily necessities to accelerate as private consumption increases gradually
  • Expect inflation, wages to accelerate ahead and help heighten inflation expectations
  • Japanese households becoming more accepting to price hikes, more retailers raising prices

President Trump - "Japan has been winning" on trade in recent decades

Comments from US President Trump have been crossing the wires via Reuters- "Japan has been winning" on trade in recent decades. Right now our trad
Read more Previous

PBOC sets the Yuan reference rate at 6.6247

People's Bank of China (PBOC) set the Yuan reference rate at 6.6247 vs. Friday's fix of 6.6072. 
Read more Next
Start livechat