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BOJ Kuroda says any easing will aim to push down short and medium-term rates

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Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank will aim to push down short- and medium-term bond yields, without lowering super-long yields too much, if it were to ease monetary policy further.

[OSAKA] Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank will aim to push down short- and medium-term bond yields, without lowering super-long yields too much, if it were to ease monetary policy further.

"If the BOJ were to ease, it needs to further push down short- and medium-term interest rates," Mr Kuroda told a news conference after meeting business leaders in Osaka, western Japan.

"If the BOJ were to lower short- and medium-term rates, it will adjust the composition of its bond buying operation as needed to prevent super-long bond yields from falling too much," he added. 

REUTERS

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