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18.01.2022 14:40

BOJ’s Kuroda: Will ease monetary policy without hesitation as needed

The Bank of Japan’s (BOJ) Haruhiko Kuroda said that the central bank “will ease policy further without hesitation as needed” yet another time, as he speaks at the post-monetary policy meeting press conference scheduled on Tuesday.

Additional quotes

No need to change current monetary easing.

Will patiently continue current powerful monetary easing.

In many cases commodity-driven inflation has been short-lived in Japan.

Wages are rising moderately reflecting tight labor market.

Necessary to pay attention to whether higher prices are not negatively impacting households.

Market reaction

USD/JPY is keeping its range below 115.00 on these above comments. The spot is, however, up 0.22% on the day, currently trading at 114.85.


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
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