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Comments from the BOJ and Japan’s finance minister on monetary policy (and more)

There is nothing here to surprise. Collect some remarks outside of Japan.

Bank of Japan Koji Nakamura, head of the BOJ division overseeing monetary policy drafting:

  • BOJ will continue to ease monetary policy to support the economy

Japanese Finance Minister Suzuki told the G& meeting that it was essential to reaffirm the exchange agreement. As well:

  • Yield curve control is part of monetary easing

  • YCC must help achieve inflation target
  • expects the Bank of Japan to make efforts to achieve the sustainable price target

USD/JPY fell from previous highs above 128.00:

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