BOJ's Kuroda: Downside risks to the global economy have heightened
Further comments by BOJ governor, Haruhiko Kuroda
- Risk from protectionism given US-China trade war has heightened
- Does not think global economic outlook has darkened since April
- Says Fed rate cut may not have impact if it is fully priced in
Some peculiar remarks there from Kuroda. He mentions that risks to the global economy have risen but then sees no change to the outlook? And the final comment on the Fed, is he trying to imply that they should cut rates more instead? At least it's not part of his "continuous easing" script so there's that.