8 Apr 2015
BoJ Kuroda: Inflation to hit 2% target in FY 15/16 – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team shares BoJ Kuroda’s comments on the economy and inflation target from today’s press conference.
Key Quotes
“BOJ Gov Kuroda post rate decision press conference reiterated the view that domestic recovery was moderate and its positive cycle remained in place. He also reiterated view that inflation to hit the 2% target during FY15/16 period and would examine both upside and downside risks to economy and adjust policy as appropriate.”
“BOJ also reiterated that too early to discuss exit from measures. Underlying inflation trend was steadily improving; CPI around 0% (zero) but longer term price trend is up.”
Key Quotes
“BOJ Gov Kuroda post rate decision press conference reiterated the view that domestic recovery was moderate and its positive cycle remained in place. He also reiterated view that inflation to hit the 2% target during FY15/16 period and would examine both upside and downside risks to economy and adjust policy as appropriate.”
“BOJ also reiterated that too early to discuss exit from measures. Underlying inflation trend was steadily improving; CPI around 0% (zero) but longer term price trend is up.”