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16 Oct 2014
Kuroda: BoJ has no set time limit on QQE
FXStreet (Bali) - Bank of Japan (BOJ) Governor Kuroda is speaking before an upper house committee in Japan’s parliament, making his usual remarks towards the economy, monetary polices and the Japanese Yen.
Key headlines (Reuters)
Weak yen may spur some japan firms to shift back production to japan, but any such change won't happen rapidly
We feel that yen's weakening from excessive rises, reflecting fundamentals, is positive for economy
Japan firms look not just at fx levels, but pace of moves, in making business decisions
BoJ has no set time limit on QQE
BoJ will maintain qqe until 2 pct inflation is achieved in stable manner
Key headlines (Reuters)
Weak yen may spur some japan firms to shift back production to japan, but any such change won't happen rapidly
We feel that yen's weakening from excessive rises, reflecting fundamentals, is positive for economy
Japan firms look not just at fx levels, but pace of moves, in making business decisions
BoJ has no set time limit on QQE
BoJ will maintain qqe until 2 pct inflation is achieved in stable manner