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Kuroda’s speech: BOJ will ease without hesitation if chance that economy may lose momentum

The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, making a scheduled speech on the monetary policy and economic outlook.

Key Quotes:

BOJ will ease without hesitation if chance that economy may lose momentum for achieving price goal heightens

Positive output gap, firms’ price-, wage-setting behaviour are key to determining whether momentum for hitting price goal sustained.

Economy sustaining momentum for hitting BOJ’s price goal.

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