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Kuroda in Davos Gives No Hint of BOJ Appetite to Expand Stimulus
Bank of Japan Governor Haruhiko Kuroda has preserved his capacity to surprise the market when his policy board meets this week after using his trip to Davos to play down the impact of recent turbulence on Japan’s economy. "At this stage, we don’t think the current market situation has been affecting corporate behavior unduly," he said in an interview with Bloomberg in the Swiss mountain resort. "But, as I said, the market is the market, and markets could affect the real economy -- so we carefully watch." Kuroda, 71, was speaking ahead of what could be an agonizing decision about whether to add to the central ... (full story)