Post by Fletchsmile on Jan 23, 2016 11:25:14 GMT 7
Seems to be a lot of negative sentiment around the world at the moment. Is it really that bad?
================================
Kuroda Sees Limited Impact of Market Turmoil on Japan's Outlook
Says world not in a Lehman redux, China to avoid hard landing
Many ways to ease if needed; BOJ only holds one-third of bonds
Bank of Japan Governor Haruhiko Kuroda played down the prospect of market turmoil causing Japanese companies to pare back capital spending and wage increases, and expressed confidence in the underlying pace of inflation a week before he decides on monetary policy.
"At this stage, we don’t think the current market situation has been affecting corporate behavior unduly," Kuroda said in an interview with Bloomberg in Davos, Switzerland, on Friday. "But, as I said, the market is the market, and markets could affect the real economy -- so we carefully watch."
www.bloomberg.com/news/articles/2016-01-22/kuroda-sees-limited-impact-of-market-turmoil-on-japan-s-outlook
================================
Kuroda Sees Limited Impact of Market Turmoil on Japan's Outlook
Says world not in a Lehman redux, China to avoid hard landing
Many ways to ease if needed; BOJ only holds one-third of bonds
Bank of Japan Governor Haruhiko Kuroda played down the prospect of market turmoil causing Japanese companies to pare back capital spending and wage increases, and expressed confidence in the underlying pace of inflation a week before he decides on monetary policy.
"At this stage, we don’t think the current market situation has been affecting corporate behavior unduly," Kuroda said in an interview with Bloomberg in Davos, Switzerland, on Friday. "But, as I said, the market is the market, and markets could affect the real economy -- so we carefully watch."
www.bloomberg.com/news/articles/2016-01-22/kuroda-sees-limited-impact-of-market-turmoil-on-japan-s-outlook
The BOJ governor said that he didn’t think China faced the risk of a hard landing, that he was "relatively optimistic" about its prospects, and that there is no sort of global crisis like the post-Lehman Brothers meltdown. If market ructions were prolonged, it would affect the economy, he said.
