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4 Feb 2015
QQE Has Caused No Problems So Far - BOJ Kuroda
FXStreet (Mumbai) - The ultra massive purchases of Japanese government bonds hasn't so far hurt financial markets, BoJ Governor Haruhiko Kuroda said In a speech for the nation's Lower House Budget Committee today, adding that the program is firmly on track.
Key Quotes:
BOJ’s QQE "has caused no problems in the financial markets so far,"
"Communicating with market participants and will make necessary adjustments as needed."
Speaking further, he reiterated that the bank would continue with the so-called quantitative and qualitative easing (QQE) to anchor 2% inflation "around fiscal 2015" with a margin of error.
Key Quotes:
BOJ’s QQE "has caused no problems in the financial markets so far,"
"Communicating with market participants and will make necessary adjustments as needed."
Speaking further, he reiterated that the bank would continue with the so-called quantitative and qualitative easing (QQE) to anchor 2% inflation "around fiscal 2015" with a margin of error.