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 Tuesday global financial markets were “very unstable” and the economic impact of the coronavirus outbreak could turn out to be big. Kuroda also told parliament that the central bank had bought a cumulative 2.04 trillion yen worth of exchange-traded funds since October last year.
Under a policy dubbed yield curve control, the BOJ guides short-term interest rates at -0.1% and the 10-year government bond yield around 0%. It also buys risky assets such as ETFs as part of its massive stimulus program.
Where are free markets and capitalism? The risks are artificial manipulation of markets. It is pumping gasoline into financial systems that are on fire.
Blame The Grump in Palm Beach, FL CHEATING golf & FAKING that he’s the president.
Breaking The Moscow Stock Exchange falls more than 10% in the context of the collapse of crude oil and the collapse of world markets La Bolsa de Moscú cae más del 10% en el contexto del desplome del crudo y el hundimiento de mercados mundiales
What
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kuroda says BOJ will take appropriate action with eye on markets, virus impactBank of Japan Governor Haruhiko Kuroda said on Monday the central bank would tak... Better look at the reasons for economic slowdown before did virus hit the markets. 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. lexhoogduin Helicopter money is coming.
Source: Reuters - 🏆 2. / 97 Read more »
Kuroda says BOJ will take appropriate action with eye on markets, virus impactBank of Japan Governor Haruhiko Kuroda said on Monday the central bank would tak... Better look at the reasons for economic slowdown before did virus hit the markets. 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. lexhoogduin Helicopter money is coming.
Source: Reuters - 🏆 2. / 97 Read more »
Oil now a 'bigger problem for markets than the coronavirus,' analyst saysAs oil prices plummet deeper into bear market territory, the repercussions could be felt throughout the U.S. economy. Capitalism has already destroyed everything else, now it's eating itself. Yeah I doubt that aww you can't price gouge us for fuel anymore... ThankYouRussia
Source: CNBC - 🏆 12. / 72 Read more »
Central banks in emerging markets face a 'dilemma' after oil prices plunge, says analystFitch's Cedric Chehab asked, 'Do they cut interest rates to stimulate growth or do they raise interest rates to support their currencies?' sethjlevy thirdrowtesla 🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔🧐 Go down damn oil.We can drive cheaper
Source: CNBC - 🏆 12. / 72 Read more »
'Fear is now pervasive,' oil expert Dan Yergin says amid market routThe world is in a period of 'true turmoil,' with financial markets and economies in crisis while a novel coronavirus continues to spread rapidly, oil guru Dan Yergin told CNBC this week. It’s happening — like we’ve never SEEN before How much more irrelevant must oil get before we get serious payback for the Saudis funding and orchestrating the 9/11 attacks? oilprice oilwar OilCrash Gas prices fall works get a pay raise
Source: CNBC - 🏆 12. / 72 Read more »