BOJ's Kuroda: CPI likely to be slightly negative for time being

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan Governor Kuroda be speaking, to a branch managers meeting.

Reuters with headlines from the text from his speech:
  • Japan's economy expected to expand moderately as a trend
  • Japan consumer inflation likely to be slightly negative or around zero % for time being
  • Japan's financial system maintaining stability
  • BOJ will maintain QQE with negative rates for as long as needed to achieve 2% inflation in stable manner
  • BOJ will take additional easing steps via quantity, quality of asset buying and interest rates if needed
Nothing much new there from Governor Kuroda

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