Kuroda says BOJ will continue powerful monetary easing persistently

BOJ governor Kuroda speaking in parliament 28 March

• commitment is important to increase effect of policy
• BOJ has taken appropriate action at appropriate time
• not enough just for prices to rise
• BOJ looking at impact of policy but mandate is to achieve 2% inflation

I’m not sure anyone listening or believes any more Mr K

USDJPY suitably unfazed at 105.53

                 “Anyone listening at the back?”