BOJ's Kuroda:
- Japanese economy to continue growing above potential
- Downside risk to prices seen as larger
- Even though the economy is growing, prices are still weak and 2% target is distant
- Japan's economy needs persistent monetary easing
- BOJ isn't at a stage to consider stimulus exit
- No need to adjust ETF purchases now
- Haven't observed excessive bullish expectations in the stock market
- See no need to, and not considering changing 2% inflation target
- Even with improvements in the economy and income, Japan still far from 2% objective
Impact : Strong
Sentiment : Weaken JPY
Contact Person :
Ghinie
HP : 082135656333
PIN : 2B8F7267
Email :kedaitrader@zoho.com
Website : www.kedaitrader.com
Ghinie
HP : 082135656333
PIN : 2B8F7267
Email :kedaitrader@zoho.com
Website : www.kedaitrader.com
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