• BoJ’s Kuroda: The benefits of easing are greater than side effects

Market news

10 February 2023

BoJ’s Kuroda: The benefits of easing are greater than side effects

Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Friday, “the benefits of easing outweigh the costs of side effects.”

Additional quotes

"BoJ easing was appropriate."

"BoJ gave its utmost efforts."

Market reaction

USD/JPY was last seen trading at 131.71, up 0.11% on the day. Kuroda’s support for easy monetary policy fails to boost the Japanese Yen sellers.

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