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BOJ press conference: Kuroda says easing expanded to ensure price target is reached
Presser underway. More comments to follow; easing aimed at ending deflationary mindset; BOJ easing is having intended effects; impact of sales tax rise have been somewhat prolonged; saw risk of delay in conversion of deflationary mindset; Japanese economy in critical moment in beating deflation; price expectations in Japan are not firmly anchored like they are in other countries; cannot allow momentum that is pushing up wages to stop;
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- Oct 31, 2014 3:13am Oct 31, 2014 3:13am
- FxMegaCB
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- althar
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