BOJ Governor: will closely watch the risks faces the economy

6 Jan 2020 09:39 AM


BOJ Governor Kuroda recently stressed the need to closely monitor the risks facing the economy, especially the geopolitical risks facing the Middle East region that are causing oil hikes and increasing demand for safe havens. Kuroda stressed the need to maintain vigilance regarding developments abroad and intervene if conditions warrant.
On the other hand, the bank governor stated that domestic demand is still good and stressed the need to monitor the impact of the sales tax increase on the economy and consumer spending.

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