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