Bank of Japan (BOJ) Governor Kuroda spoke earlier – headlines here
Reuters and Bloomberg both have recaps up of this speech
Reuters (and more here):
The Bank of Japan has many tools available if it were to ease monetary policy further, Governor Haruhiko Kuroda said, adding that the Japanese government bond (JGB) market is a “huge” one among various financial assets the central bank can tap.
“There are many options available, and if necessary we will not hesitate to make any necessary and appropriate” moves to achieve the the BOJ’s 2 percent inflation target, Kuroda told the Economic Club of New York on Wednesday.
Bloomberg leads off with:
There are “many options” for additional easing by the Bank of Japan, Governor Haruhiko Kuroda said, repeating that the bank would adjust its policy if needed to reach its 2 percent inflation target.
“We have substantially increased our JGB holdings but still it’s about 20 percent of total JGBs outstanding,”
