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6 Dec 2018
BOJ's Kuroda: No specific upper limit for bond purchases
Bank of Japan (BOJ) governor Kuroda's take on the central bank's bond purchase program and inflation goal is crossing the wires via LiveSquawk:
- There is no specific upper limit for bond purchases.
- Japan is no longer in deflation but we need to maintain stimulus as our mandate is to achieve 2 percent inflation.
- Yearly net purchase of bond buying likely below JPY 40 trillion now.