Bank Of Japan Governor Will Cut Some Of Its Accommodative Monetary Policy

Bank of Japan Governor Haruhiko Kuroda proposed on Friday that once Japan's inflation rate reaches the bank's 2 percent inflation target, the bank will cut some of its loose monetary policy. Among them, the practice of maintaining Japan's 10-year bond interest rate at zero may be the first to be considered. Although Kuroda Haruhiko is only a very preliminary proposal, but based on Japan's annual inflation rate in December last year has climbed to 0.8%, instead of the previous negative interest rates. So we really can't ignore Kuroda's remarks.