Bank of Japan Governor Kuroda speaking at a Bank branch managers meeting - these from the text
- Japan's economy expanding moderately
- Japan's economy expected to continue expanding moderately
- Bank of Japan will maintain QQE with yield curve control for as long as needed to achieve 2 pct inflation in stable manner
- BOJ will adjust monetary policy as needed to maintain economy's momentum to achieve its price target
- BOJ will continue expanding monetary base until consumer inflation stably exceeds 2 pct
- Japan's financial system maintaining stability
Headlines via Reuters
Nothing new from Kuroda in these.
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Meanwhile USD/JPY is hitting its lows since last September, under 110.90 ... under 110.85 as I update