FXStreet (Mumbai) - Additional headlines crossing the wires now, as the BOJ Chief comments on the Fed monetary policy path and on future QQE prospects.
Key Quotes:
If FED raises rates, would be reflection of strength of US economy
Expects U.S. rate hikes to be very gradual
Very interested in how much wages will rise in next year's annual wage talks
don't think low inflation will have decisive impact on spring wage talks
No need to question 2 pct timeframe on near-term Oil price falls
Can’t say how long quantitative easing will continue, has no set time
QQE is not calendar-based but outcome-based
See no problem with continuing QQE
Easing for 2% CPI unaffected by BOJ balance sheet
Continuing QQE will not cause problems to financial system
Don’t think we've reached a limit of JGB purchases under QQE
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