BOJ Fallout: No More Rate Cuts For Now

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BOJ Fallout: No More Rate Cuts For Now

Postby kreslik.news » Sat Mar 19, 2016 12:04 pm


On Friday, the Governor of Bank of Japan (BoJ) Haruhiko Kuroda stated that at the moment there aren’t any plans to cut interest rates. After the statement, the USD/JPY pair fell to 113.10, due to the change in expectations that the BOJ will take additional easing measures in its next policy meeting in March.

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On the other hand, Kuroda stated that the BoJ will ease without any hesitation if it is necessary, using three dimensions of policy choices: quality, quantity and rates. Despite the positive information and the weakness in ... (read more)

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