Yesterday Bank of Japan Governor Kuroda and deputy Iwata appeared in the japanese parliament to present the bank's semi-annual report on currency and monetary control
There is a BOJ monetary policy board next week (April 30 only, it's a one-dayer)
- The bank will publish updated economic forecasts at this meeting
- While Kuroda said yesterday that reaching the 2% inflation goal might take a little longer (D'uh) its unlikely the bank will significantly alter its inflation forecasts, but there may be some tinkering
- There is some speculation in the market that the BOJ could ease further at this meeting. On balance that appears unlikely.
Kuroda also commented on some aspects of 'exit policy' yesterday. He said its too early to consider exit yet .... D'uh again.
