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Markets volatile but no huge drop in short-term liquidity, BOJ official says
Makiko Yamazaki - Reuters -
15/04
Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday.
Summary
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TOKYO, April 15 (Reuters) - Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday.
"Unlike during the global financial crisis, we're not seeing a major decline in short-term liquidity. But the BOJ will continue to scrutinise market developments, and their impact on global and domestic economies," Akio Okuno, head of the central bank's monetary affairs department, told parliament.
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Global stock, currency and bond markets have whipsawed due to President Donald Trump's back-and-forth comments on tariffs, with some analysts seeing the recent sharp declines in U.S. Treasuries and the dollar as a... [Short citation of 8% of the original article]
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