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BoJ's Kuroda: While there are some indicators of weakness in the Japanese economy, the trend is upward

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BOJ Gov Kuroda says BOJ will maintain ultra-loose monetary policy

From forexlive.com

Bank of Japan Governor Kuroda: • Japan's economy showing some signs of weakness but picking up as a trend • Japan's economy likely to recover as impact of COVID-19 , supply constraints eases • Japan's core consumer inflation moving around 2% • Uncertainty regarding japan's economy is very high • Japan's financial system stable as a whole • Must be vigilant to impact of financial, currency market moves and their impact on Japan's economy, prices • BOJ will maintain ultra-loose policy to stably achieve 2% inflation target • BOJ stands ready to ease policy further without hesitation as needed • Japan's consumer ... (full story)

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  • Category: Low Impact Breaking News