Bank of Japan Gov. Haruhiko Kuroda reaffirmed the central bank's easy policy stance on Monday, confirming its divergence from a global wave of monetary tightening.
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Bank of Japan Gov. Haruhiko Kuroda reaffirmed the central bank’s easy policy stance on Monday, confirming its divergence from a global wave of monetary tightening.
“We will watch the impact of the novel coronavirus for the time being and take additional easing action without hesitation if necessary,” Kuroda said at the opening of the central bank’s meeting of branch managers.
He repeated that the bank expects short- and long-term interest rates to be at their current or lower levels.
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