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BOJ Gov Kuroda: Japan expected to remain in 'severe' situation
BOJ GOV KURODA:
— DailyFX Team Live (@DailyFXTeam) May 26, 2020
- Global economy rapidly worsening due to virus, Japan expected to remain in 'severe' situation
- Uncertainty extremely high for economic outlook, financial markets still nervous#USDJPY #BOJ
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BoJ Gov Kuroda: Risks To Japan's Economic Outlook Skewed To Downside
— LiveSquawk (@LiveSquawk) May 26, 2020
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Statement by Kuroda concerning the BOJ's Semiannual Report on Currency and Monetary Control
The Bank of Japan submits to the Diet its Semiannual Report on Currency and Monetary Control every June and December. I am pleased to have this opportunity today to talk about recent economic and financial developments and present an overall review of the Bank's conduct of monetary policy. I. Economic and Financial Developments I will first explain recent economic and financial developments. The global economy has become depressed rapidly, reflecting the impact of the novel coronavirus (COVID-19) pandemic. Economic activity has been disrupted significantly worldwide as a result of preventive measures against the ... (full story)