ECB’s QE positive for Japanese economy – Growth Aces

FXStreet (Barcelona) - The Growth Aces Team shares Japanese Governor Kuroda’s view that the ECB’s QE might facilitate elimination of deflation and boost eurozone growth, which might be positive for Japanese economy.

Key Quotes

“Bank of Japan Governor Haruhiko Kuroda said he was not worried that diverging monetary policies in the United States and Europe will complicate his efforts to beat deflation in Japan. In his opinion this action by the European Central Bank will eliminate deflation in the Euro zone and boost growth, which is positive for Japanese economy.”