Banks

BOJ's Kuroda: FX, stock markets sometimes move too much

22 June 2016, 06:54
Sherif Hasan
Sherif Hasan
0
227

Comments from Bank of Japan Governor Kuroda

Kuroda speaking on a television program aired today. Headlines via Bloomberg :
  • My personality is cautiously optimistic
(That may be from his Tinder profile)

  • Fiscal policy results don't always turn out as expected
  • Many economists don't think financial markets always right
  • Wages will rise if prices rise
  • Deflationary mindset deeply rooted in Japan
  • FX, stock markets sometimes move too much
  • Results of monetary policy don't always turn out as expected

-That "FX, stock markets sometimes move too much" is a veiled threat at intervention
#BoJ, Central Banks