The world has become partly worse and partly better in last year says BOJ's Kuroda

Dialogue from Davos with Japan’s BOPJ head

– Some countries are benefitting from lower oil prices

– Doesn’t think China is faced with a hard landing

– Chinese growth is quite respectable

There’s been a lot of focus on whether the BOJ will push back that target. If they did push it back the market would take that as a signal that more easing could be on the way. The fact he’s sticking to it keeps more easing off the table and USDJPY is because of it.

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