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2 Aug 2016
BOJ’s Kuroda: Boost from stimulus package is very large
The BOJ Governor Kuroda is now crossing the wires, providing brief details about his meeting with the Japanese finance minister Aso.
Key Quotes:
Boost from stimulus package is very large
Current easing package lowers the yield curve
BOJ policy review will discuss how to hit price target
Don't think BOJ will shrink its policy after review
Ending deflation is a goal shared with the government
BOJ and govt will work together for the economy
Don’t want to comment on daily market moves