BOJ may need to consider fresh options
Central bank can adjust monetary policy if further stimulus is needed, says Kuroda
Tokyo
BANK of Japan (BOJ) governor Haruhiko Kuroda said that central bankers around the world have no shortage of tools to address deflation risks and that in Japan, policymakers may need to look at fresh options if further stimulus is needed.
"If, really, our possible path to 2 per cent inflation is significantly affected, then of course we can make adjustment to our monetary policy," Mr Kuroda said in Davos, Switzerland, on Friday. Asked whether the BOJ will have to get more creative, he said "yes, I think so". He declined to specify the options available.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal