BOJ's Kuroda: Japan's economy is expanding moderately

Omkar Godbole FXStreet Contributor

Bank of Japan governor Haruhiko Kuroda is out on the wires, reiterating that the Japanese economy is expanding moderately and the negative GDP growth witnessed in the third quarter was likely due to temporary factors like natural disasters.

Key quotes

Risks for Japan tilted toward the downside.
Economy sustaining momentum for inflation to hit 2 percent target but that momentum lacks strength.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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