Flows into yen could impact the economy – Japan’s EcoMin Ishihara

Japanese Economic Minister Ishihara was on the wires today, commenting on the repatriation flows in the yen heading into fiscal year end.

Key Quotes:

Flows into yen could impact the economy

No change in stance that markets must be closely monitored

Expects G20 to debate what steps can be taken to respond to market turmoil

BOJ’s Kuroda does not see a limit in QQE

Bank of Japan’s (BOJ) Kuroda’s comments are crossing the wires again. The governor does not see any limit to QQE; something the markets have been speculating following BOJ’s move to negative rates.
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