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BoJ’s Kuroda: Inflation expectations are now slightly picking-up

Key quotes from the BoJ Governor Kuroda are noted below, as he speaks on the bank’s monetary policy programme at the ECB’s policy panel: ‘At the heart of policy: challenges and opportunities of central bank communication.

Inflation expectations are now slightly picking-up.

Inflation formation in Japan is largely backward looking.

Making a strong commitment to achieving 2% price target.

We continue with the strong accommodative policy.

So as to reduce output gap further and boost employment and wages.

Communication is a matter of policy itself.

Draghi’s speech: ‘Forward guidance has become full policy instrument’

The European Central Bank (ECB) President Mario Draghi is now speaking at the ECB’s policy panel: ‘At the heart of policy: challenges and opportunitie
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UK inflation hits a peak - ING

At 3%, UK inflation looks like it has peaked and without further signs of domestically-driven price pressures, the Bank of England will tread carefull
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