BOJ governor, Haruhiko Kuroda, begins his press conference

BOJ governor, Haruhiko Kuroda, begins his press conference

BOJ's Kuroda:

The Japanese economy is expanding moderately as a trend

Economy to continue the expansionary trend through the fiscal year 2021

Risks are skewed to the downside mainly due to overseas factors

External risks are becoming smaller due to US-China trade deal

Government economic stimulus package has helped to boost GDP outlook

BOJ inflation outlook is more or less unchanged

Inflation is to keep moving towards the 2% target level

If momentum towards price target is at risk, would not hesitate to ease further

21 Jan 20 (Tue)

06:46 am



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