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BOJ's Kuroda says interest rates would naturally rise as inflation heads towards 2%

Bank of Japan governor Kuroda making a scheduled speech 13 May 2016

  • rates will naturally rise as economy achieves sustainable growth

No time soon then. More hot air from Mr K

  • unconventional mon pol aims to keep current interest rates low in anticipation of future expected rises in borrowing costs
  • China is making progress enhancing transparency in ccy, financial policy- making

Zzzzzzzzzzzzzzzzzzz

Meanwhile Nikkei down -1.10 on the day near session lows. USDJPY 108.73

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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