• BOJ's Kuroda: ready to use every possible policy tool if needed

Market news

26 September 2016

BOJ's Kuroda: ready to use every possible policy tool if needed

  • there's no limit to monetary policy

  • BOJ to relentlessly pursue innovation

  • can accelerate monetary base expansion if necessary along with more asset purchases

  • main tool for more easing still deepening neg rate cuts and lowering long term rate target

  • shape, locations of yield curve will broadly remain as they are at present

  • large scale monetary easing will be in place until observed CPI stays above 2% in stable manner

*via forexlive
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