The Bank of Japan (BoJ) Governor Kuroda is on the wires now, via Reuters, making a scheduled speech in the parliament.
Key Headlines:
Fed has been giving slightly more cautious comments.
Expect that’s reflection of the US prices, China slowdown.
BoJ policy doesn’t have currency manipulation as target.
Will continue to closely watch policy impact on markets.
Must carefully watch impact of Fed policy on markets, global economy.
Will mull easing policy further if fx moves hurt economy, prices and threaten achievement of price goal.
Various steps available if BoJ needs to ease more but must balance benefits, costs of steps.
No plan now to end BoJ’s ETF buying or make big changes to way it buys ETFs.
BoJ will take into account impact on economy, prices, markets and financial institutions in continuing with its ETF buying.
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