Momentum in the price trend is lacking says BOJ's Kuroda

Author: Ryan Littlestone | Category: Central Banks

Captain Charisma now popping up

  • Need to closely monitor the trend in prices as momentum is still lacking
  • Consumer spending was weak but is now starting to recover
  • Economy has continued its moderate recovery trend
  • BOJ needs to continue monetary easing to achieve price target
  • BOJ still has a long way to go to hit price goal
  • Shape of yield curve is in line with BOJ policy

10yr JGB's had been on a little wander up to 0.15% this year but during April, they've fallen back to the 0.0% mark, the lowest since Nov last year.10yr JGB yields

10yr JGB yields

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