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