Carbon-Dioxide: the gas of life!
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Comments from BOJ's Kuroda, says will ease further, in 3 dimensions if necessary
Comments from Bank of Japan (BOJ) Governor Kuroda •Japan's economy has continued to recover moderately •Japan's economy to continue a moderate recovery •Underlying inflation has been improving steadily •Expect consumer price inflation to accelerate to 2 pct price target •Consumer inflation to hit 2 pct in first half of FY 2017 •Financial markets are showing signs of uncertainty due to worries about China's economy •Will continue QQE with negative rates as long as needed to meet price goal •Negative interest rate policy is lowering rates •Expect positive effect of negative rates to spread to economy, ... (full story)