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