BOJ’s Kuroda does not see a limit in QQE
|By FXStreet Bank of Japan’s (BOJ) Kuroda’s comments are crossing the wires again. The governor does not see any limit to QQE; something the markets have been speculating following BOJ’s move to negative rates.
Earlier today, Kuroda stated that QQE and negative rates are having an intended effect on Japanese economy.
Key Quotes
BOJ unlikely to face problems in buying JGB’s for the time being
Will tell G20 that the BOJ’s monetary policy is not aimed at weakening the yen
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Source:: FX Street