Japanese Prime Minister Shinzo Abe defends the Bank of Japan’s monetary policy decisions

Market news

10 February 2016

Japanese Prime Minister Shinzo Abe defends the Bank of Japan’s monetary policy decisions

Japanese Prime Minister Shinzo Abe on Wednesday defended before the parliament the Bank of Japan's (BoJ) monetary policy decisions. He noted that he trusted the BoJ Governor Haruhiko Kuroda and he believe that inflation will reach 2% target.

Abe also said that a drop in markets was driven by overseas factors.

The White House downgrades its growth and inflation forecasts

United Kingdom: Manufacturing Production (YoY), December -1.7% (forecast -1.4%)

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