1 Nov 2016
BOJ’s Kuroda: No change to stance to adopt all possible measures to achieve price target quickly
BOJ Governor Kuroda continues to provide fresh insights on the bank’s monetary policy, now addressing the Q & A session during his scheduled press conference.
Key Headlines via Reuters:
Doesn't see anything strange about current formation of yield curve as a whole
Up to markets to decide level of super long term yields based on BOJ market ops
Possible for fiscal spending to enhance impact of mon pol
It's true deflationary mindset cannot be shaken so easily
Can't say deflation benefits household sector
Closely watching impact of US election on world economy
No change to stance to adopt all possible measures to achieve price target quickly