Here are some of the key comments made by the BoJ Governor Haruhiko Kuroda at the post-meeting press conference.
“¢ Decided to enhance the sustainability of the current policy.
“¢ No fundamental change to yield curve control.
“¢ To allow bond yields to move in double the range of +0.1% and -0.1%.
“¢ Not anticipating a rise in long-term rates.
“¢ Board member Kataoka opposed outlook report saying prices not rising toward 2%.
“¢ Will adjust policy as needed to keep momentum towards 2% target.
“¢ Factors that delayed an increase in inflation to dissipate in future.
“¢ Momentum toward 2% inflation is firmly in place.
Share
