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More fom Bank of Japan Governor Ueda: CPI to slow, easy policy will be maintained | Forexlive

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Earlier from Bank of Japan Governor Ueda:

And also finance minister Suzuki:

More from Ueda now, largely going over old ground:

  • One of the biggest factors that affect market trust in yen is price
    stability
  • Japan’s consumer
    inflation likely to slow quite clearly in mid- to latter half of
    current fiscal year
  • It’s not time yet to
    debate specific exit strategy including possible sale of BOJ’s
    holdings of J-REIT
  • BOJ is buying J-REIT
    as part of its massive monetary easing
  • BOJ will maintain
    massive monetary easing as it will take more time to achieve our
    price target

Remember when we all (OK, not all of us) thought Ueda would be the new broom to sweep away BOJ ultra easy policy?

Yeah … nah.

The Eazzzzy Bros.

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