Monetary policy in Euro area and Japan will succeed in near future – BOJ’s Kuroda
|By FXStreet FXStreet (Mumbai) – Bank of Japan (BOJ) Governor H. Kuroda is now on wires via Reuters, speaking in a panel discussion titled “Monetary Policy, Financial Stability, and the Zero Lower Bound” at the Farewell Symposium for Christian Noyer, in Paris.
Key Quotes:
Underlying trends in inflation in Japan have been improving steadily
BOJ is only halfway there in efforts to get inflation to 2 pct
Inflation improvements supported by very favourable employment conditions, base wage hikes have returned
Believes monetary policy in Euro area and Japan will
succeed in near future
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Source:: FX Street