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BOJ’s Kuroda: No limits or obstacles to BOJ’s monetary policy

By FXStreet More comments from BOJ Chief Kuroda hitting the wires, as he continues to speak in parliament today.

Key Quotes:

Will continue QQE with negative rates as long as needed to meet price target

Government has not declared escape from deflation because can’t say no risk of return to falling prices

BOJ’s board does not have official definition for deflation or escape from deflation

No limits or obstacles to BOJ’s monetary policy
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Source:: FX Street

      

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