BOJ Kuroda: Downside Risks For Inflation Outlook Are High
Thursday, 26 September 2019 13:57 WIB | FISCAL & MONETARY |BOJKuroda,

The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, making a scheduled speech at the annual meeting of securities firms, in Tokyo.

Key Quotes:

Japan™s domestic demand remains resilient.

Japan™s economy is expanding moderately as trend.

Expect inflation to gradually pick up toward target.

Downside risks for inflation outlook are high.

Watching carefully how global economy hits Japan™s CPI.

Closer attention needed on risks for price momentum.

Will continue to carry out appropriate policy without preconception.

Important to continue patiently strong monetary easing to keep momentum towards inflation target.

The Japanese currency ignores the comments from the BOJ Chief Kuroda, as it offers nothing new on the monetary policy or inflation outlook, leaving USD/JPY in the lower bound of today™s trading range near 107.60.

Source : FX Street

RELATED NEWS

The RBA minutes: Board prepared to ease policy further if needed to support growth, jobs
Tuesday, 15 October 2019 08:06 WIB

The Reserve Bank of Australia came with the Minutes for the RBA Board's 1 October meeting. Members commenced their discussion of global economic conditions by noting that heightened policy uncertainty was affecting international trade and business investment. This had continued to be apparent in a ...

ECB Meeting Account Shows Officials Far Apart on Stimulus
Thursday, 10 October 2019 19:52 WIB

European Central Bank officials were far apart on the elements of the monetary stimulus package that led to public acrimony after last month™s decision. The account of the Sept. 11-12 meeting showed some members of the Governing Council were ready to back an even deeper cut in interest rates...

FOMC minutes: Most fed policymakers believed 25 basis point cut needed
Thursday, 10 October 2019 01:22 WIB

According to the minutes from the Federal Open Market Committee's (FOMC) September 17-18 monetary policy meeting, most policymakers believed that a 25 basis points rate cut was needed citing economic outlook, risk management and inflation objectives. The US Dollar Index largely ignored the statemen...

Powell Speech: Fed's Strategy And Tools Have Been, And Remain, Effective
Wednesday, 9 October 2019 22:25 WIB

While speaking to a group of local business and community leaders at the Federal Reserve System™s Fed Listens program, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, repeated that the Fed's strategy and tools have been, and remain, effective. "It's important for the...

Breaking: Fed's Powell says there is no reason why expansion can't continue
Wednesday, 9 October 2019 03:19 WIB

While responding to questions from the audience following his prepared speech at an event organised by the National Association of Business Economists in Denver, Federal Open Market Committee (FOMC) Chairman Jerome Powell said that there was no reason why the monetary expansion could not continue. ...

ANOTHER NEWS
Hong Kong stocks open higher
Friday, 18 October 2019 09:05 WIB Hong Kong stocks opened with slight gains Friday morning after Britain and the European Union hammered out a Brexit deal, while investors awaited the release of Chinese economic growth figures. The Hang Seng Index added 0.23 percent, or 62.06...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.