Bank of Japan governor Kuroda out with a scheduled speech 21 June
- appropriate to continue powerful easing
Desperate men do desperate things.
- yield curve has been moving in line with BOJ market operations
- Japan's financial system remains stable
- economy is on firmer footing
- output and exports are rising
- price momentum warrants close attention
Or lack of momentum I think he means.
USDJPY 111.28 suitably unfazed by the repeated rhetoric.
Kuroda talks again. Anyone still listening though?
