More comments are flowing in from the Bank of Japan (BoJ) Deputy Governor Amamiya, as he now speaks about the Fed’s monetary policy and its impact on the domestic economy.
Fed policy that keeps US economy strong is good for Japan’s economy too.
FX rates move on various factors in the short-term.
No change to BoJ’s stance of guiding monetary policy.
Underlying price trend is important.
BoJ will only adjust policy as needed.
Yield moves so far haven’t changed BoJ’s judgment.
Will maintain powerful monetary easing.
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