Japanese Economy to Witness Moderate Expansion: BOJ Gov Kuroda
Arslan Butt • 1 min read
On Monday, Bank of Japan’s governor Haruhiko Kuroda expressed confidence that the Japanese economy could witness a moderate expansion and help inflation climb higher towards the 2% target.
Kuroda made these remarks while addressing the central bank’s regional branch managers during their quarterly meeting. Japan’s economy has been reeling under the US-China trade tensions lately as it is an export-oriented economy and China is one of its leading trade partners. As manufacturing in China declines, Japan’s export orders have witnessed a fall in recent times.