Kuroda: Japan Continued Moderate Recovery Trend

The BOJ governor addressed branch managers, discussing the negative CPI and gradual economic recovery. He hinted at potential stimulus but gave no clear timeline. The BOJ cut its assessment for two regions, but not enough to suggest imminent stimulus. Branch managers expressed concerns about the yen's strength affecting corporate profits. Discussions on potential interventions are expected, with BOJ and MOF officials meeting to address global financial issues.

What did the BOJ governor mention about the CPI in his address?

• It is not a concern for the BOJ.

• It will fluctuate unpredictably.

• It will remain negative for the time being.

• It is expected to rise significantly.

How did the BOJ's regional economic report affect the assessment of Japan's regions?

• All regions were upgraded.

• Two regions were downgraded.

• No changes were made.

• All regions were downgraded.

What concern did branch managers express regarding the yen?

• Its influence on global trade.

• Its strength affecting corporate profits.

• Its impact on inflation rates.

• Its potential to weaken significantly.

What is the potential impact of the yen reaching 100 against the dollar?

• It could lead to increased exports.

• It might trigger BOJ intervention.

• It will boost corporate profits.

• It will have no significant impact.

What is the purpose of the upcoming meeting between BOJ and regulatory officials?

• To announce new monetary policies.

• To evaluate the current inflation rate.

• To discuss the global financial system.

• To plan a new economic stimulus package.