BOJ Keen to Keep Interest Rates Low Even Beyond Spring of 2020 - Forex News by FX Leaders

BOJ Keen to Keep Interest Rates Low Even Beyond Spring of 2020

Posted Tuesday, May 14, 2019 by
Arslan Butt • 1 min read

Bank of Japan Governor Kuroda stated that the central bank could consider implementing further easing of monetary policy if consumer prices failed to rise. Kuroda made these statements while addressing the Japanese Parliament earlier today.

He also commented that short and long term rates could continue to be kept low at least until Spring 2020 and maybe even beyond this time.

Meanwhile, as trade tensions between US and China continue to build up, USD/JPY trades bearish at around 109.56 at the time of writing.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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