Sunday, 12 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
BOJ Kuroda: Downside Risks For Inflation Outlook Are High
Thursday, 26 September 2019 13:57 WIB | FISCAL & MONETARY |BOJKuroda,

The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, making a scheduled speech at the annual meeting of securities firms, in Tokyo.

Key Quotes:

Japan™s domestic demand remains resilient.

Japan™s economy is expanding moderately as trend.

Expect inflation to gradually pick up toward target.

Downside risks for inflation outlook are high.

Watching carefully how global economy hits Japan™s CPI.

Closer attention needed on risks for price momentum.

Will continue to carry out appropriate policy without preconception.

Important to continue patiently strong monetary easing to keep momentum towards inflation target.

The Japanese currency ignores the comments from the BOJ Chief Kuroda, as it offers nothing new on the monetary policy or inflation outlook, leaving USD/JPY in the lower bound of today™s trading range near 107.60.

Source : FX Street

RELATED NEWS
RBA Highlights Recovery Uncertainties as Second Wave Threatens...
Tuesday, 7 July 2020 14:06 WIB

Australia™s central bank chief highlighted worries among households and businesses about the health and economic outlook, as the nation™s successful run of Covid-19 containment was rocked by a new...

ECB's Lagarde: Economic recovery will be a complicated matter...
Friday, 26 June 2020 15:19 WIB

European Central Bank (ECB) President Christine Lagarde, while presenting at an Online Summit organised by the European Business Leaders' Convention, said that we probably have passed the lowest point...

Bank of England Steps Up Virus Fight With Bond-Buying Boost...
Thursday, 18 June 2020 18:35 WIB

The Bank of England intensified its response to the fallout from the coronavirus by expanding its bond-buying program, taking another step in the uphill battle to lift the economy out of the...

SNB Focuses on Franc Intervention With Rates Kept on Hold...
Thursday, 18 June 2020 14:48 WIB

The Swiss National Bank said aggressive foreign exchange interventions remain its main tool for pushing back against the appreciation in the franc caused by the coronavirus pandemic. K...

Fed Powell Beats Drum For More Government Aid To Bolster Economy...
Thursday, 18 June 2020 03:26 WIB

The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic ongoing, it will need more help, Federal Rese...

LATEST NEWS
Dow ends nearly 370 points higher as Nasdaq logs another record close

Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment. The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500...

Hong Kong Stocks End With Deep Losses (Review)

Hong Kong stocks closed sharply lower Friday, in line with an Asia-wide sell-off, with investors also spooked by fresh infections in the city that have led to the reimposition of containment measures including school closures. The Hang Seng Index...

Oil climbs, but U.S. benchmark ends lower for the week as IEA warns of coronavirus risk

Oil futures climbed on Friday, buoyed by positive results tied to a COVID-19 treatment, but U.S. prices ended lower for the week as a report from the International Energy Agency cautioned that weaker demand caused by the coronavirus pandemic will...

POPULAR NEWS
Gold futures pull back from a fresh 9-year peak, but hold above $1,800 an ounce
Friday, 10 July 2020 01:31 WIB

Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September 2011, but the haven metal...

Gold Futures Slip, Set to Take a Breather after Carving Out Fresh 9-Year Peak
Thursday, 9 July 2020 18:57 WIB

Gold futures edged back early Thursday, giving up some of its gains after the precious metal scored another settlement at the highest since...

Hong Kong Stocks Close On Strong Note
Thursday, 9 July 2020 15:25 WIB

Hong Kong stocks finished with more gains on Thursday, in line with advances across Asia following another record-breaking lead from Wall...

Gold Heads for Fifth Weekly Advance Amid Virus Sparks
Friday, 10 July 2020 16:48 WIB

Gold hovered above its key $1,800-an-ounce mark, on course for a fifth weekly advance, as investors weighed concern over a resurgence in...