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.