• BOJ’s Kuroda: Appropriate to maintain easing to support economic recovery

Noticias del mercado

19 octubre 2022

BOJ’s Kuroda: Appropriate to maintain easing to support economic recovery

Bank of Japan (BOJ) Governor Haruhiko Kuroda is speaking about the implications of monetary policy and inflation outlook on Wednesday.

Key quotes

Monetary policy does not directly target forex.

Consumer prices likely to fall below 2% target after next FY.

Appropriate to maintain easing to support economic recovery as uncertainties around Japan's economy extremely large.

Forex intervention against excessive yen weakening was very appropriate.

Market reaction

Kuroda’s comments are being ignored by the local currency, with USD/JPY reaching fresh intraday highs above 149.30, up 0.05% on the day.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: