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BOJ's Kuroda: Japan's economic fundamentals remain solid

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Bali) - Bank of Japan Governor Governor Kuroda, speaking at a meeting held by the Naigai Josei Chosa Kai (Research Institute of Japan) in Tokyo, said that Japan's economic fundamentals remain solid.

    Key headlines

    "Slowdown in emerging economies already affecting japan's exports, output/"

    "If growth in emerging economies sharply undershoot forecasts or slowdown persists, that may hit Japan's economy more than expected."

    "Will continue pursuing QQE to ensure easy financial conditions continue."

    "If companies feel strong concerns on outlook for emerging economies and forgo capex, that may weigh on domestic demand."

    "Bigger-than-expected pain from emerging markets still a risk, but must be vigilant."

    "Japan will definitely meet 2% price target as growth exceeds potential growth rate."

    "Japan inflation may undershoot forecast if firms become wary of raising wages, depending on overseas developments."

    "It is rare for companies to post record high profits amid declining exports and output."
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