Bank of Japan Governor Kuroda speaking to the Japan Society in New York - earlier comments are here
Now from the Q&A with The Gov:
- Government and BOJ co-ordination is meaningful and workable
- Consensus for developed economies is 2% inflation target is best
- Fed rate hike would signal confidence in the US economic recovery, would be a positive for world and Japan economies
- Central banks are not targeting exchange rates
- Says there is no currency war
- Central banks are targeting price stability, inflation
- No current concrete proposal for further accommodation, but would adjust policy if necessary
- BOJ has many options if more easing is needed
Looking for Peter Pan