BOJ's Kuroda: We will maintain current monetary policy easing
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.