Kuroda says BOJ will take appropriate action with eye on markets, virus impact

FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would take appropriate action as needed with a close eye on how the coronavirus affects the economy, particularly through volatile market movements. “Uncertainty over Japan’s economic outlook is heightening. Investor sentiment is deteriorating somewhat, with market moves unstable,” Kuroda told parliament.

readiness to act = print even more money

🤣🤣🤣🤣

lexhoogduin Helicopter money is coming.

They kept saying that from before the Virus was an issue. By the time we enter a depression, they will say the same thing. 'we will keep an eye on markets' and 'use our fantasy tools'. All they can do is expand money supply and create inflation.

Better look at the reasons for economic slowdown before did virus hit the markets.

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