BOJ Confident Markets to Calm Even as Japan Stocks Plunge
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Bank of Japan Governor Haruhiko Kuroda and board member Sayuri Shirai signaled confidence that Japanese markets would recover even as stocks plunged.
“Japan’s real economy is steadily tracing a recovery path and the financial markets will settle as they reflect such positive moves in the economy,” Kuroda told reporters today in Tokyo. Board member Sayuri Shirai echoed those comments, telling reporters that markets will calm and the central bank’s easing will provide a support for stock prices.