Kuroda says new framework has enhanced sustainability of BOJ policies

Author: Mike Paterson | Category: Central Banks

BOJ gov Kuroda making a scheduled speech in Tokyo 29 Sept

  • BOJ to adjust policy as necessary

Nothing of note in the comments I've seen so far (shock, not). USDJPY similarly unimpressed and lower at 101.62 after capping ahead of the 101.80 offers I mentioned earlier

  • will seek appropriate yield curve for 2% price target
  • may expand monetary base if needed
  • will aim to achieve 25 inflation at earliest date possible
  • sees no big problem in Japan's financial stability system

Just a problem with the people overseeing it eh?

USDJPY lower still at 101.54 with general yen demand capping core pairs. Some bids/support nearby at 101.50

Kuroda repeating 5 good reasons why we should ignore him

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