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BoJ’s Kuroda: Risks are tilted to the downside

Risks are tilted to the downside and are centred overseas, said BoJ Governor Haruhiko Kuroda at the post-meeting press conference this Thursday.

Additional quotes:

   “¢   Upward momentum in prices remains intact.
   “¢   Need to monitor risks posed by US-China trade friction.
   “¢   If trade protectionism prolongs, would have a broad impact on the global economy.
   “¢   Will consider further easing as appropriate if price momentum is undermined.
   “¢   Will make the appropriate decision when more easing is needed.
   “¢   Those options include lowering short, long-term rates, buying more assets and expanding the monetary base.

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