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BOJ's Kuroda does not see excesses building up in markets

Updated: Sat, Oct 14, 2017
05:22 am
Reuters
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Bank of Japan Governor Haruhiko Kuroda said on Friday he did not see any signs of bubbles or excesses building up in U.S., European and Japanese markets as a result of heavy money printing by their central banks.

Kuroda also dismissed criticism made by some analysts that the BOJ`s purchases of exchange-traded funds (ETF) were distorting financial markets.

"We buy ETFs as part of our quantitative easing programme," Kuroda told reporters after attending the G20 finance leaders` gathering in Washington. "I don`t think our purchases are causing any big problem in the market."

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)