BoJ governor Kuroda: We are ready to act, but do not believe it is needed now

Ross J Burland FXStreet

Bank of Japan's governor Kuroda is crossing the wires and has stated that "we are ready to act, but do not believe it is needed now".

Key comments

Won't hesitate to take additional easing steps if necessary.
Japan economy to continue gradual expansion ahead.
Watching effects of virus impact on economy with grave concern.
Virus causing big econ uncertainty through effects on exports, output and inbound tourism.
Japan economy to continue gradual expansion ahead.
Watching effects of virus impact on economy with grave concern.
Virus causing big econ uncertainty through effects on exports, output and inbound tourism.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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