29 Sep 2016
BOJ's Kuroda: To pursue appropriate yield curve for achieving inflation target – RTRS
Bank of Japan (BOJ) Governor Kuroda was on the wires last minutes, via Reuters, making a scheduled speech at the National Securities Industry Convention, in Tokyo.
Key Headlines:
To pursue appropriate yield curve for achieving inflation target
Mon pol to be adjusted when necessary
New framework has enhanced sustainability of BOJ policies
Easing options include cutting s-term, l-term rate targets & buying more risky assets
Expansion of monetary base possible if necessary
Aiming to achieve inflation at earliest date possible