What is another word for S.-Y. Kuroda?
Synonyms for S.-Y. Kuroda
s.-y. kuro·da
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word S.-Y. Kuroda.
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If we see anything from Mr. Kuroda and the BOJ today, it will be setting the scene for additional measures if they so need.
Kuroda had been saying that he didn't think something like this would help so it is a bit surprising and it's clear the market has been surprised by it, the banking sector is getting smoked right now, though everything else seems to be doing just fine. This has obviously had a big effect on inflation and on inflation expectations.
I would consider his comments today as his first attempt for verbal intervention against a weaker yen. The government has been making cautious comments about a weak yen since late May. But Kuroda's comments seems to be aimed at delivering their intention in a clearer way.
Given the confusion caused by the January move, I don't think the BOJ will be able to cut rates again for the time being, the BOJ may instead expand asset purchases in small installments. That would be returning to the incremental approach of easing Kuroda dismissed in the past as ineffective.
It seems logical that they would want to see the wash up from this week's Federal Reserve meeting and hold the ability to be reactionary, if we see anything from Mr. Kuroda and the BOJ today, it will be setting the scene for additional measures if they so need.
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"S.-Y. Kuroda." Synonyms.com. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.synonyms.com/synonym/S.-Y.+Kuroda>.
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