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Trader, analyst and instructor with a 6-year experience

BoJ press conference

Here are the key points of the BoJ Kuroda's press conference:

  • Japanese economy can grow with a sales tax hike;
  • Government can use fiscal stimulus if sales tax hike hurts economy;
  • Overseas demand in April was weaker than forecast;
  • CPI is rising at pace expected;
  • Markets are slightly more nervous about US tapering;
  • Must carefully watch impact of Syrian crisis on global markets;
  • BoJ sees no need to take further policy action now.

 

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