More from Kuroda’s earlier comments reported here
- Kuroda says would not hesitate to adjust policy if downside risks from sales tax hike or overseaes economies increase
- He hopes Japanese government takes firm steps towards fiscal discipline
- Doesn’t expect economy to slow if sales tax raised as scheduled
These comments crossing the wires now.
I find it difficult to believe that Kuroda thinks the economy will not slow if the sales tax is raised as scheduled given the downturn in the economy experienced in the late 1990s when the sales tax was increased.
