Next sales tax hike impact to be about half of last – BOJ’s Kuroda

Bank of Japan (BOJ) Governor Kuroda is now crossing the wires via Reuters, speaking in the Japanese parliament.

Key Quotes:

Economic analysis suggests next sales tax hike would have about half the impact as previous sales tax hike

Impact of previous sales tax hike was a bit more than expected

China PBOC injects CNY20 billion via OMOs today

MNI quoting traders, China PBOC injects CNY20 billion via 7-day reverse repos.
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China Consumer Price Index (MoM) registered at 1.6% above expectations (1.1%) in February

China Consumer Price Index (MoM) registered at 1.6% above expectations (1.1%) in February
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