BOJ Gov Kuroda adds that the coronavirus outbreak is already affecting Japan's economy:
- via a plunge in inbound tourism
- and a fall in dept store sales
Given he says will take steps 'if needed' is he indicating as much in inin his refernce to the negatives for Japan's economy?
More:
- global markets making very unstable movements
- will continue to watch impact of coronavirus outbreak on Japan's economy, prices, particularly via market moves
- must be mindful of risk impact of coronavirus outbreak on Japan's economy could become big
The next Bank of Japan policy meeting is March 18 and 19
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This snippet from Kuroda also:
- Market value of the BOJ ETF holdings will fall below book value if the Nikkei drops under 19,000
