BOJ’s Kuroda wants bond buying to be sustainable - RTRS

Reuters quoting sources familiar with the BOJ discussions, note that the Japanese central bank Governor Kuroda faces bond buying dilemma.

Key Points:

With inflation still stagnant and economic recovery fragile, Kuroda has no plan to tighten monetary policy any time soon

But he wants to ensure the BOJ's stimulus programme is made sustainable by laying the grounds for a gradual slowdown in its bond purchases

Gold eyes fresh 3-week lows amid Fed rate hike talk

Friday’s rebound turned out to be a dead cat bounce as gold fell back to $1224.60 on Monday and extended losses to $1223.90 in the Asian session today
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