The Bank of Japan’s (BOJ) Haruhiko Kuroda said that the central bank “will ease policy further without hesitation as needed” yet another time, as he speaks at the post-monetary policy meeting press conference scheduled on Tuesday.
Additional quotes
No need to change current monetary easing.
Will patiently continue current powerful monetary easing.
In many cases commodity-driven inflation has been short-lived in Japan.
Wages are rising moderately reflecting tight labor market.
Necessary to pay attention to whether higher prices are not negatively impacting households.
Market reaction
USD/JPY is keeping its range below 115.00 on these above comments. The spot is, however, up 0.22% on the day, currently trading at 114.85.
