Kuroda says the BOJ is implementing easing steps no other central bank is taking

Author: Eamonn Sheridan | Category: Central Banks

More from Bank of Japan Governor Kuroda, speaking for parliament today.

  • The BOJ guiding monetary policy keeping in mind that excessive fall in super-long yields could have negative impact on economy
  • says will take into account effects, side-effects of policy, aim for moderate inflation accompanied by growth in corporate profits, jobs and wages
  • BOJ's buying of risky assets, including ETFs, is extraordinary measure that no other major central bank taking
  • BOJ's isky asset buying, which is part of its ultra-loose policy, is necessary step as it is expected to take more time to hit 2% inflation

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