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BOJ’s Kuroda says current monetary policy is enough to meet BOJ targets
Here we go ! Comments from the embargoed press conference BOJ will take policy response if overseas rail risk threaten Japan’s recovery; if US fiscal stand-off continues it could destabilize financial markets and worsen sentiment; will not comment on how BOJ would respond on US govt default; decision to raise sales tax was a very significant step in restoring trust in Japan’s finances; Japan making steady progress towards meeting BOJ’s 2% price goal; hopes US govt finds solution to fiscal stand-off asap; recent JGB yield drop due to BOJ asset buying; Tankan report clearly shows business sentiment is improving; ... (full story)
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