BOJ’s Kuroda sees Japan taking 'big step' toward ending deflation – Nikkei
The Nikkei, a Japanese Daily, reports comments from the BOJ Governor Kuroda delivered during a speech at a meeting of the Japan Business Federation on Monday.
Key Quotes:
"The global economy seems to have finally moved out of its adjustment phase after the global financial crisis ... and is entering a new phase"
"I am convinced that the coming new year will be one in which Japan's economy will take a big step forward toward overcoming deflation"
"Japan's economy has improved significantly during a period of more than three and a half years"
"The excessive appreciation of the yen has been fairly corrected, and stock prices have increased substantially. Corporate profits have marked their historical high levels, and business fixed investment has recovered”
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
