BOJ's Kuroda: Will ease policy again if needed, including lowering negative rates further

Bank of Japan (BOJ) Governor Kuroda was on the wires an hour ago, via Reuters, commenting on the bank’s monetary policy program.

Key Quotes:

“Will ease policy again if needed, including lowering negative rates further, if merits are judged to outweigh costs“

“JGB purchases may fluctuate around 80 trln Yen but will continue to buy a lot of Japanese Govt”.

“Bonds to influence yield curve”

“Amount of JGB purchases varies every year”