BOJ’s Kuroda: Excessive rate hikes are a risk to global economy

More Kuroda on CNBC

  • Trade is the biggest risk right now
  • The is no predetermined kind of economic cycle
  • Naturally the recovery pace from a crisis is slower
  • At this point we don’t see any sign of imminent downturn this year or next
  • World growth is likely to accelerate
  • You cannot expect eternal expansion
  • I don’t think Japan is intentionally manipulating the currency
  • If anything, the yen is often too strong

CNBC is showing the interview in parts. More will come later.

So far, there hasn’t been anything we haven’t heard before from Kuroda.

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