BoJ Gov Kuroda: unnecessary, inappropriate to think fiscal policy should bear full burden of reviving growth as monetary policy is reaching its limits

Market news

10 May 2017

BoJ Gov Kuroda: unnecessary, inappropriate to think fiscal policy should bear full burden of reviving growth as monetary policy is reaching its limits

Fiscal, monetary policies must work together, each play its own role to revive economy
Unnecessary, inappropriate to think monetary policy should directly bankroll govt debt
Shifting to protectionism from free trade won't help reduce poverty
Wage growth remains slow despite improvements in corporate profits and tightening labour market, but we are seeing some positive signs

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Romania's Q1 trade deficit widens to 2.32 bln euros, march trade balance at -1.056 bln euros

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