"There are more downside risks to Japan's economy, particularly via overseas economic developments," Kuroda told a news conference. "If we think doing so would be necessary to sustain the momentum for achieving our price target, we will ease monetary policy further as appropriate. "Despite a common market view the BOJ's policy ammunition is running low, Kuroda said the central bank has room to ease further including by cutting interest rates, ramping up asset buying and accelerating the pace of money printing. But there's no change to our baseline view on Japan's economy and its outlook," he said. "China's economy is growing slower than widely believed and this will continue during the first half of next year.

Source: Egypt Today December 20, 2018 09:22 UTC