BOJ's Kuroda says ready to ease more including via new steps

Published Tue, May 26, 2020 · 03:33 AM

    [TOKYO] Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ease monetary policy further such as by expanding its loan programmes, cutting interest rates and ramping up risky asset purchases.

    "The BOJ is ready to do whatever it can," Mr Kuroda said in semiannual testimony to parliament.

    "What's important now is to ensure markets are stable so that once the pandemic is contained, Japan's economy can resume a solid recovery path," he said.

    REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services