Kuroda: No change in BOJ stance that they will adjust policy without hesitation if risks occur via ForexLive

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  • fall in oil prices will help push up consumer prices in long term
  • fall in oil prices will help boost economy in medium to long term, will weigh on prices in short term
  • given the oil price drop it may be hard to imagine inflation accelerating in H1 FY 2015
  • Russia's economic situation won't have much direct impact on Japanese economy
  • sees no repeat of 1998 crisis from sharp fall in rouble price
  • sustained wages increases in Japan crucial for sustained price gains

Into the Q&A now

USDJPY lower at 119.25 with nothing too dovish in his remarks so far

Kuroda – sees positive impact of oil price falls

posted via ForexLive

Posted In: FuturesForexGlobalEconomics
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