No chance deposit rates will turn negative – BOJ’s Kuroda

By FXStreet More comments from BOJ Kuroda that hit the wires in the last hour:

BOJ etf purchases aimed at achieving price target, not supporting stock market

Global economic fundamentals not that bad

Market moves since start of this year has been somewhat excessive

Major central banks’ monetary policy not targeting currencies

For large economies, price stability and FX stability are not necessarily the same thing

Global market jitters have not yet subsided

Expect government to take steps to promote growth driven by private sector

BOJ not excused from meeting 2 pct price target if government does not implement growth strategy

No chance deposit rates will turn negative
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Source:: FX Street