BOJ intends to push yields down across the yield curve – Kuroda

FXStreet (Mumbai) - BOJ’s Kuroda, while addressing questions at the presser, said the expanded JGB maturities are designed to push the yields down across the yield curve.

The governor does not see limits on QQE for the time being and said some indicators show weakness in price expectations.

Key Quotes

Short term inflation expectations have fallen, but long-term expectations holding steady

Falling oil prices appear to be bringing down near-term inflation expectations