Friday, October 4, 2013
DJ: Kuroda Says US Econ Recovery Expected To Accelerate If Debt Talks Not Prolonged
TOKYO--Bank of Japan Gov. Haruhiko Kuroda on Friday called for an early resolution to the ongoing impasse over the U.S. debt ceiling, warning that a prolonged deadlock risks having a serious impact on the U.S. and the global economy.
"If this situation drags on, it could have a serious effect on the U.S. economy and eventually the global economy," Mr. Kuroda said at a press conference following a regular policy board meeting.
He also said that if the U.S. debt negotiations do not drag on, he expects the U.S. economy's recovery to accelerate.