New Pneumonia “Risk of causing significant fluctuations in financial markets”
The Bank of Japan's Deputy Governor, Mr. Wakatabe, warned that the spread of the new coronavirus could affect domestic and overseas economies as much as possible, not only in the real economy but also in the risk of major fluctuations in financial markets such as falling stock prices. I showed my idea.
The Bank of Japan's Deputy Governor, Mr. Wakatabe, met on May 5 in a visit to Matsuyama City, where he explained that the spread of the new coronavirus was "China's economic activity was restrained and the world economy, including Japan, through the supply chain of manufacturing and tourism. There are aspects that affect the ".
`` It's clear that there is downside risk, '' noting that investors may be cautious about taking risks due to concerns about the real economy, which could lead to a decline in stock prices and significant fluctuations in interest rates. I said.
Mr. Wakatabe said, “We will be extremely careful about the huge volatility in international financial markets. If the downside risk becomes so great that there is a strong possibility that inflationary momentum will be lost, we will add it without hesitation. Ease it. "