The Governor of the Bank of Japan (BoJ), Haruhiko Kurodaspeaks on Friday at a post-monetary policy conference, commenting on the value of the exchange rate and the outlook for inflation.
Featured Statements
Hard to know how government stimulus measures will affect currencies.
I think the government stimulus measures will weigh on prices but will boost growth.
I don’t think controlling the yield curve is the cause of the yen weakening.
We will continue to pay attention to the reduced functioning of the bond market.
The slowdown in the foreign economy will weigh on Japanese exports and industrial production.
We expect the Japanese economy to continue to grow despite the slowdown in the foreign economy.
Source: Fx Street
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