Bank of Japan governor Kuroda has said that global markets are making very unstable movements.
Key notes
- Will continue to watch impact of coronavirus outbreak on japan’s economy, prices, particularly via market moves.
- Ready to take appropriate action as needed without hesitation.
- Coronavirus outbreak already affecting japan’s economy via plunge in inbound tourism, fall in department store sales.
- Must be mindful of risk impact of coronavirus outbreak on Japan’s economy could become big.