Kuroda says BOJ's current yield curve control programme is sufficient to hit CPI target

Bank of Japan governor Kuroda across the wires 6 Nov

No further comments as yet but ntg new here unsurprisingly.

USDJPY currently 114.33 after finding support into 114.20 after retreating from the 114.73 highs. Expect more support down there and larger around 114.00

Update:

  • good reason to believe next year's spring wage negotiations could lead to bigger increases than this year
  • expect next US Fed chair to take appropriate mon pol steps looking at US global economic developments

Kuroda in repetitive mood again

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