Market news
10.03.2023, 06:50

BoJ’s Kuroda: Positive effects of monetary easing far exceeded side-effects

Bank of Japan (BOJ) Governor Haruhiko Kuroda is speaking at his last post-policy meeting conference on Friday, expressing his take on the monetary policy and economic outlook.

Additional quotes

2% price target is appropriate as it is a global standard.

Monetary easing has been successful in terms of supporting Japan's economic potential.

Positive effects of monetary easing far exceeded side-effects.

True that two sales tax hikes affected consumption, consumer inflation.

Not thinking Abenomics has put too much burden on monetary policy.

Market reaction

USD/JPY was last seen trading at around 136.75, up 0.49% on the day.

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