• Bank of Japan Governor, Kuroda: Japan consumer inflation likely to be slightly negative or around 0% for time being

Market news

7 July 2016

Bank of Japan Governor, Kuroda: Japan consumer inflation likely to be slightly negative or around 0% for time being

  • 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.

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