BOJ's Kuroda: Government and central bank must closely communicate on policy

Further comments are out from the Bank of Japan (BOJ) Governor Kuroda, via Reuters, as cited below.

“Doesn't think MMT is appropriate to be applied in Japan.”

“Unlimited debt monetization by a central bank will lead to hyper-inflation.”

 

RBA: Setting the scene for a rate cut - ANZ

According to analysts at ANZ, market sentiment about the prospect of a near-term rate cut from RBA has swung materially over the past month. Key Quote
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GBP/USD remains stable near 1.2790, all eyes on cross-party Brexit talks

Having known the UK PM May’s intention to provide a timetable of her resignation and who could succeed her, cross-party Brexit talks are in the spotlight again.
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