Bank of Japan Governor Haruhiko Kuroda said on Wednesday he will not hesitate to adjust the central bank’s quantitative easing if upside or downside risks to the economy and prices appear.
Kuroda, speaking in the lower house budget committee, also said the amount of outstanding government debt held on the central bank’s balance sheet is more important than the flow or pace at which it acquires debt.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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