- May 12, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
Bank of Japan Governor Kuroda says the 2% inflation target has not been achieved stably, sustainably.Thus the BOJ must continue its monetary easing.Concedes though that market functioning may be impaired. –Cracks beginning to show from Kuroda? If you want to read it that way you could I guess. —More: recent sharp, short-term forex moves are undesirablepremature to debate exit of ultra-easy policyimportant for forex rates to move stably reflecting economic, financial fundamentalsJapan’s economy still in midst of recovering from pandemic’s pain, so important to maintain powerful monetary easing BOJ’s median board forecast shows inflation won’t stably reach target in fiscal 2023 BOJ’s median board forecast for core-core consumer inflation shows inflation will steadily accelerate through 2024it will take some more time, but convinced Japan can achieve BOJ’s price target