Yes folks, Mr K is still up n running. Now moving into Q&A
- doesn' t think we've reached a limit of JGB purchases under QQE
- expects capex to rise given high corp profits
- wage growth has been somewhat sluggish
- BOJ has always said will stick with QQE until price goal is achieved in stable manner
- remains committed to achieving 2% inflation at earliest possible time with 2 year timeframe in mind
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USDJPY 123.27 still weighed by EURJPY selling with EURUSD down to 1.0683 and EURGBP down to 0.6991