BOJ's Kuroda - Current policy is sufficient to hit 2 percent price target
|Bank of Japan (BOJ) Governor Kuroda is back on the wires stating that the current yield curve control policy is sufficient to hit the 2 percent inflation goal.
The BOJ minutes released in early Asia showed a couple of policymakers are worried that the current policy may not be able to deliver the desired results.
Key quotes from Kuroda
- Current policy is sufficient to achieve an appropriate yield curve, hit 2 percent price target.
- There is good reason to believe next year's spring wage negotiations could lead to bigger wage hikes than those for this year.
- Expect next Fed chair to take appropriate monetary policy steps looking at U.S., global economic developments.
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