- BoJ’s Kuroda: Positive effects of monetary easing far exceeded side-effects
Market news
10 March 2023
BoJ’s Kuroda: Positive effects of monetary easing far exceeded side-effects
Bank of Japan (BOJ) Governor Haruhiko Kuroda is speaking at his last post-policy meeting conference on Friday, expressing his take on the monetary policy and economic outlook.
Additional quotes
2% price target is appropriate as it is a global standard.
Monetary easing has been successful in terms of supporting Japan's economic potential.
Positive effects of monetary easing far exceeded side-effects.
True that two sales tax hikes affected consumption, consumer inflation.
Not thinking Abenomics has put too much burden on monetary policy.
Market reaction
USD/JPY was last seen trading at around 136.75, up 0.49% on the day.
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