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BOJ Kuroda: No immediate need for additional easing

By FXStreet FXStreet (Bali) – Bank of Japan Governor Kuroda, in an interview with Japanese newspaper Yomiuri over the weekend, said there is no immediate need for additional monetary easing, adding that the BOJ will adjust policy if needed.

Additional headlines

Japan’s inflation trend is improving steadily

Inflation will pick up quickly in the latter half of this fiscal year

“People in the private sector are much more pessimistic than the Bank of Japan”

“The price tempo will pick up strongly starting in the second half of this fiscal year”

“If the underlying tone for prices changes, naturally we will adjust our monetary policy.”

“Companies’ capital investment planning is quite strong. We are seeing a virtuous cycle from income to expenditure”

“China will continue to show stable growth of about 7 percent this year and next”
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Source:: FX Street

      

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