BOJ's Kuroda - Will run yield curve control policy for as long as needed

Bank of Japan (BOJ) Governor Kuroda, while spekaing at a branch manager's meeting today, said the central bank will run QQE with yield curve control for as longas needed to achieve the 2% inflation target.

Key quotes

Economy is turning towards moderate expansion

Will adjust monetary policy as needed to maintain momentum to achieve its price target

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AUD/USD consolidates around 0.76 ahead of China PPI release

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Japanese government cut its assessment of machinery orders for the first time in eight months

Reuters report says, "The Japanese government cut its assessment of machinery orders for the first time in eight months, saying they are stalling in a

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