“The uncertainty is quite high for Japan’s economic outlook,” the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in his opening remarks at the post-monetary policy meeting press conference scheduled on Thursday.
Risks are skewed to the downside in both economy and prices.
Ready to ease monetary policy without hesitation as needed.
Strain in global financial markets has eased somewhat.
Will extend BOJ’s special programme on coronavirus responses beyond March 2021 deadline as needed.
The US economy is recovering steadily.
Need to carefully monitor economic development overseas amid varying degrees of coronavirus crisis.
China economy steadily growing.
Room for finance and monetary steps among industrialised nations and china, but limited for some emerging economies.
Lower cellphone charges, travel discount programme could weigh on prices near-term but won't change overall price trend.
BOJ’s ETF purchases has helped reduce instability in financial markets.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.