BOJ’s Kuroda does not see a limit in QQE

Bank of Japan’s (BOJ) Kuroda’s comments are crossing the wires again. The governor does not see any limit to QQE; something the markets have been speculating following BOJ’s move to negative rates.

Earlier today, Kuroda stated that QQE and negative rates are having an intended effect on Japanese economy.

Key Quotes

BOJ unlikely to face problems in buying JGB's for the time being

Will tell G20 that the BOJ's monetary policy is not aimed at weakening the yen