Kuroda :Will continue easing even if government declares the end of deflation

Domestic conditions aren’t deflationary, but still distant from 2% CPI

• Expect pace of price increases to continue to pick up in 2018
• Government declaration that Japan out of deflation, if happens, could help change mindset
• There is gap between market and US Fed FOMC on future of US rates; Can’t make definitive comment on US monetary policy
• Could adjust yield target if inflation getting close to 2%
• Bitcoin is not acting as normal means of payment; Don’t think Bitcoin has any influence on monetary policy ( so each CB’er needs to comment on the Coin now, is it a rule?)

Not there yet on inflation,Kuroda finally pushes  USD/EURJPY up a spread
113.51 , respectively 134/75

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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