BOJ’s Kuroda says will focus on overseas risks without pre-conception

Written by on May 17, 2019

BOJ Governor Kuroda attends the Paris Europlace International Financial Forum in Tokyo
FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends the Paris Europlace International Financial Forum in Tokyo, Japan, November 19, 2018. REUTERS/Toru Hanai

May 17, 2019

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank would scrutinize “without pre-conception” risks to its view that overseas economies would recover later this year and underpin exports.

“If overseas growth takes longer than expected to pick up, Japanese companies – manufacturers in particular – could become cautious about spending on capital expenditure,” Kuroda said in a speech at a seminar.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)

Source: OANN

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