You are here

Stimulus is here to stay but no need to expand it soon: BOJ

BT_20141008_BOJ8_1307309.jpg
Mr Kuroda said while a weak yen is positive for the economy it will hurt small firms and households

Tokyo

BANK of Japan governor Haruhiko Kuroda stressed his resolve to maintain massive stimulus for a prolonged period but shrugged off the need to expand it soon, remaining upbeat on the outlook despite signs the economy may be in a mild recession.

Mr Kuroda also stuck to his view...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes