Ahead of BoJ’s June 19-20 monetary policy meeting, Governor Haruhiko Kuroda warned the parliament of risks from US-China trade war and China’s economy. And he pledged that the issues will “certainly” be debated.
Kuroda said, “as for recent overseas economic developments, there are strong downside risks regarding the Sino-U.S. trade friction and China’s economy.” And, “we’ll certainly debate such overseas developments” at the upcoming meeting.
He also reiterated that “BOJ will guide monetary policy appropriately taking into account the impact overseas economic changes could have on Japan’s economic outlook and the momentum for achieving our inflation target”.
