BOJ’s Kuroda: Can expand asset purchases, cut rates if needed to ease further

  
  Analysis

BOJ governor, Haruhiko Kuroda, remarks

Kuroda
  • Can also increase market operation tools if needed
  • BOJ will take steps deemed most appropriate at the time
  • Japanese economy will be in a severe state for the time being
Nothing new that hasn’t already been said before by Kuroda. Diving deeper into negative rates is still a far reach, for now they will just continue to hoard everything else.
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