BOJ’s Kuroda says will focus on overseas risks without pre-conception
Written by MagaFirstNews on May 17, 2019
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)