Free Trial
CNH

USD/CNH Eyeing Break Back Below 6.7800

AUD

A$ Rallies On More Hawkish RBA Outlook

USDCAD TECHS

Bounce Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: BOJ To Clarify Stimulus Impact in Jan - Kuroda

(MNI) Tokyo
(MNI) TOKYO

Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the impact of the government’s JPY29.1 trillion stimulus on growth and inflation would be clarified in the next Outlook Report in January.

Kuroda told lawmakers the economic stimulus measures would lower consumer prices, by offering relief on utilities bills, but the measures will also support economy and boost Japan’s gross domestic product.

Prime Minister Fumio Kishida on Friday unveiled the economic stimulus to cushion the highest inflation seen in decades, saying the measures would lower consumer prices by at least 1.2% over the next year.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.