{"id":32276,"date":"2020-08-05T21:09:44","date_gmt":"2020-08-05T17:09:44","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32276"},"modified":"2020-08-05T21:09:46","modified_gmt":"2020-08-05T17:09:46","slug":"kuroda-economies-to-start-recovery-in-h2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/kuroda-economies-to-start-recovery-in-h2\/08\/05\/market-updates\/","title":{"rendered":"Kuroda: Economies to Start Recovery in H2"},"content":{"rendered":"\n<p>Economic activity and financial stability in Japan are facing the risk of significant constraints in case preventive measures against the COVID-19 pandemic are fully re-imposed, Bank of Japan Governor Haruhiko Kuroda has warned.<\/p>\n\n\n\n<p>However, Japan is not going into deflation with the Bank of Japan maintaining its 2% inflation target, said Kuroda, as quoted by Reuters.<\/p>\n\n\n\n<p>Despite the uncertainties, Kuroda said that the Japanese and global economies are expected to gradually improve, starting from the second half (H2) of 2020.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe&#8217;re not in deflation, in the sense of sustained periods of price declines. It certainly took more time than we hoped for, but I&#8217;m sure we will achieve the target.\u201d<\/p><p>&#8220;Given the impact of COVID-19, the BOJ has purchased government bonds to maintain stability in the bond market and keep the entire yield curve at low levels.\u201d<\/p><p>&#8220;I don&#8217;t think this kind of policy mix or coordination would make the central bank less independent.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Economic activity and financial stability in Japan are facing the risk of significant constraints in case preventive measures against the COVID-19 pandemic are fully re-imposed, Bank of Japan Governor Haruhiko Kuroda has warned. However, Japan is not going into deflation with the Bank of Japan maintaining its 2% inflation target, said Kuroda, as quoted by &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6939],"class_list":["post-32276","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-japan"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32276"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32276\/revisions"}],"predecessor-version":[{"id":32277,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32276\/revisions\/32277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32278"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}