No hints at anything more hawkish from Kuroda
No surprise, the BOJ doesn't want to give any thing that it's taking its foot on the gas pedal.
More from Kuroda:
- There's no need for central banks to move in the same direction together
- Wages and prices are rising gradually
- Rising incomes are supporting spending
- Plans to tell G20 that Japan will maintain easy policy
Japanese inflation is well below 2% and Kuroda has no intention of doing anything to give the market a reason to buy the yen.