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Tuesday, 03/11/2014 7:04:01 PM

Tuesday, March 11, 2014 7:04:01 PM

Post# of 140146
I probably don't need to be as hesitant with the yen pairs if he isn't lying and/or Japan data doesn't quickly deteriorate. This would lead me to believe he won't announce additional easing in April.

A Nikkei report on the BOJ meeting announcement and Kuroda’s subsequent press conference yesterday. So, it isn’t news, but a good summary nonetheless:
Japan Gov. Haruhiko Kuroda said Tuesday, ruling out the need for additional easing “at this point in time.”
In a news conference after the two-day policy board meeting, the focus was how Kuroda would handle growing calls for more easing.
“We don’t see the need to make a policy adjustment at this point in time,”

“Let me repeat this: We will not hesitate to make an adjustment if necessary,” he said, leaving the option of additional easing on the table.

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