Kuroda is out and about again, talking about monetary policy in parliament
- Inappropriate to raise yield target, even by a small margin
- Premature shift in policy is not appropriate in Japan
- Monetary policy is done based on each nation's economy
Some ending comments to the parliamentary session by Kuroda. Again, nothing new on policy.
USD/JPY has now "rebounded" a little back up to 108.63 after posting a low of 108.46, as the Nikkei is down by just 6.75% now compared to the 7.00% drop moments ago.
