Technical Analysis

BOJ’s Uchida says its too early to discuss an exit from monetary stimulus

Shinichi Uchida, is the Bank’s executive director in charge of monetary policy. While not on the policy board he plays a substantial role in developing policy.

This is the message, both implicit and explicit, we are getting for the Bank of Japan time and time again.

Governor Kuroda was on the wires earlier saying for the umpteenth time that he expects the CPI rise to be transitory:

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