WASHINGTON (Reuters) – Bank of Japan Governor Haruhiko Kuroda said the country’s economy is performing well but warned that geopolitical risks including escalating tensions with North Korea were clouding the global growth outlook, according to an interview with Bloomberg Television.
“There are a lot of geopolitical risks. But I do think leaders, including the U.S. leader, will deal with it in a good way,” Kuroda was quoted as saying in the interview in New York on Thursday.
When asked whether such risks could spur a spike in the safe-haven yen, Kuroda said there were cases in the past where geopolitical risks pushed up the yen and “made our monetary policy difficult.”
Kuroda also reiterated that the BOJ will continue with its massive asset purchases for some time, brushing aside market speculation that it will face difficulty keeping up the current pace of buying.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Latest posts by investing.com (see all)
- Forex – Dollar almost unchanged vs. other majors in cautious trade - April 28, 2017
- Dollar flat amid geopolitical tensions, U.S. GDP ahead - April 28, 2017
- Forex – GBP/USD hovers near 6-month peak after U.K. GDP data - April 28, 2017