Maintaining the 2% price target is very important.
We are still halfway to achieve the 2% price target.
No change to approach in quantitative easing.
Still, need to maintain quantitative easing.
Must patiently maintain powerful easing as is still distant from 2% target.
But must watch out for the impact of prolonged easing on banks’ profits.
Kuroda keeps JPY under pressure. 154.600 is the intraday support. Dragon is trading 155.300 and closings above 155.460, will carry the price 156.250.