Bank of Japan Governor Kuroda spoke from Bali over the weekend. he had plenty to say on Fed policy.
- steady Fed interest hikes basically good for the global economy - showed US economy strong
- On heightening trade tensions - of a "rather unusual" scale, a "new development" for the global economy
- aging populations pose structural challenges for central banks, - reduces economic growth potential, necessitates continued monetary policy action to reflate growth
- BOJ taking longer to achieve 2% inflation target
Surf's up!
