# Haruhiko Kuroda: The Bank's Semiannual Report on Currency and Monetary Control

> Bank of Japan Governor Haruhiko Kuroda reported to the Diet that Japan's economy continues a moderate recovery. He said growth is expected to stay above potential through fiscal 2018, while consumer prices excluding fresh food remain slightly negative.

- Date: 2016-12-14 · published 2016-12-14T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/73717-haruhiko-kuroda-the-bank-s-semiannual-report-on-currency-and-monetary-control
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Continued accommodative policy keeps the yen under pressure and supports Japanese demand for imported feed. The direct effect on commodity prices is minor.

## Read by commodity

- USDJPY: neutral

## Sources

- bis.org: https://www.bis.org/review/r161214d.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.