BOJ's Kuroda says they will promote easy monetary policy under new framework

Author: Mike Paterson | Category: Central Banks

Bank of Japan governor with scheduled speech 21 Oct

  • aim to hit 2% inflation target at earliest possible date
  • doesn't see any big problem that could destabilise Japan's fin system

Really?

  • neg rate policy is weighing on financial institutions profits
  • no sign of excessive risk taking or overheating in fin activity

Everyone relax. Mr K says nothing to worry about.

Let's wait n see

Meanwhile USDJPY nudging back up to test 104.00 again

          Mr K enjoying feeding the market with more hot air

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