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BoJ's Kuroda: More issuance of super-long bonds may be meaningful, effect of fiscal policy higher amid yield curve control - BBG
BoJ's Kuroda: More issuance of super-long bonds may be meaningful, effect of fiscal policy higher amid yield curve control -BBG #BoJ
— DailyFX Team Live (@DailyFXTeam) November 5, 2019
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Kuroda: Need to continue with large-scale easing
In addition to previous comments concerning the Bank of Japan’s (BOJ) monetary policy outlook, the BOJ Governor Haruhiko Kuroda offered additional statements to better forecast the Asian central bank’s next move. Key quotes If govt were to ramp up fiscal spending, the fiscal, monetary policy mix will have a bigger positive effect on the economy than when fiscal or monetary steps are taken individually. More issuance may be meaningful to drop in yields. Need to continue with large-scale easing. Japan's inflation far from target. FX implications The market‘s reaction to the comments has been positive amid the ... (full story)
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BOJ Governor Haruhiko Kuroda: Drop in population weighing on banks' profits, inflation is far from our target. Need to continue with large-scale easing -BBG #BoJ
— DailyFX Team Live (@DailyFXTeam) November 5, 2019