Will ease policy again if needed, including more rate cuts - BOJ Kuroda

Will ease policy again if needed, including more rate cuts - BOJ Kuroda
 

Bank of Japan Governor Haruhiko Kuroda said on Wednesday he is prepared to ease monetary policy again if needed, including pushing short-term interest rates further into negative territory.
Kuroda, speaking in the lower house budget committee, said the BOJ's government debt purchases may fluctuate around 80 trillion yen ($778 billion) but the BOJ will continue to buy a lot of debt to influence the yield curve.
($1 = 102.9000 yen)
(Reporting by Stanley White; Editing by Chris Gallagher)
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12 October 2016 in Business, Views: 53
Source: Reuters
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