BOJ Yamaguchi - Need vigilance if war mood rises

JAPAN - Bank of Japan Deputy Governor Yutaka Yamaguchi said today, 21 September, the central bank must be vigilant to maintain market stability if the world gets closer to being on a war footing.

"We need to be very careful, more than we have until now, towards the world economy as the mood of a heightening 'war mode' increases," Yamaguchi said in testimony before Parliamentary committee.

Yamaguchi also said that supply from industry is far larger than demand and that the gap between the two is