BOJ Gov Kuroda says again will continue to ease monetary policy to hit inflation target

<p>Bank of Japan Governor Kuroda crossing the news wires.</p><ul><li> Continue monetary easing to achieve price hikes in tandem with wage growth target</li><li>There are uncertainties this year such as inflation and pandemic</li><li>Japan economy to grow firmly and stably this year backed by accommoditive monetary conditions</li></ul><p>I am not sure of the venue at which he is speaking. </p><p>Nothing new from him, Kuroda has said over and over again he wants to maintain easy policy. </p><p>Something to note though, this from here:</p><p><a href="" target="_blank" rel="follow">"The BoJ ... takes out our award for the most unpredictable central bank of 2022"</a></p><ul><li>the expansion of the tolerance band around the YCC target to +/-0.5% from +/-0.25%, something that Governor Kuroda has been telling anyone who would listen in recent months was not under consideration, since it would, he said, be tantamount to a rate rise.</li><li>Last night he told us, ‘The move is not a rate hike’.</li></ul>

This article was written by Eamonn Sheridan at

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