BOJ's Kuroda: China's economy showing somewhat weak signs

Author: Justin Low | Category: Central Banks

Kuroda continues to touch on China in his recent commentary

  • Weakness is spreading in China's real economy
  • Will be watching China's economy carefully
  • Expect China's growth to be stable more or less
  • Says that BOJ can be considered to be dovish
  • Will continue persistent monetary easing
  • Will mull more easing if price momentum is lost
The fact that they are putting so much focus on China is a bit puzzling (generally, you don't try to talk about other nations' economies unless it is really needed). Feels like this is more of a tactic to try and distract markets from the fact that they are nowhere near heading towards their inflation target of 2%.

His monetary policy comments aren't of anything new. USD/JPY holds steady at 111.56 still, a little higher on the day.

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