Talking the leg off a chair this guy.
More:
- No pre-set deadline for its monetary stimulus
- The bank’s two-year timeframe for meeting its price target is not a rigid one
- “I have been saying all along that we will aim to achieve 2 percent inflation at the earliest date possible, with two years in mind”
- “If prices undershoot our forecasts due to some risks and we think it’s necessary to do so to achieve our price target, we won’t hesitate to adjust policy”
And more:
- Does not see liquidity in JGB market falling considerably
- Talking specifics about exit strategy now would cause confusion in market
- QQE is targeting price stabiliity, not monetising government debt
via Reuters