BOJ's Kiuchi: global economic outlook, market developments key risks to Japan's economy

Bank of Japan monetary policy board member Kiuchi says global economic outlook, market developments as key risks to Japan's economy.

Headlines

If exports show clear down trend on weak overseas growth, that may hurt Japan's consumption, outlook

Tough to push up long-term inflation expectations with BOJ policy alone

Says he is vigilant to problems that may occur as the BOJ buys and holds massive amounts of JGBs, which could distort market function

Negative rates could potentially reduce Japan's financial system stability

Adopting negative rates risks destabilising BOJ's asset buying

Prsonally felt BOJ ought to save its options now instead of introducing negative rates last month