• economy likely to expand moderately as a trend

  • today’s policy steps and government fiscal stimulus to provide synergy effects on economy

  • CPI likely to reach 2% during FY 2017

  • Will take additional easing steps if necessary to achieve price target

  • will continue QQE with negative rates as long as needed to meet price goal

  • will examine BOJ policy regarding what is necessary in future to meet 2% price target

  • government’s economic package is appropriate in helping to achieve BOJ’s inflation target

  • QQE has not reached its limits

  • room for deeper negative rates

  • BOJ easing designed to prevent overseas uncertainties from hurting Japanese business

The post Bank of Japan, Kuroda: will take additional easing steps if necessary to achieve price target appeared first on forex-analytics.press.