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Kuroda says BOJ ready to take steps to make stimulus more sustainable

Kuroda says BOJ ready to take steps to make stimulus more sustainable

December 24, 2020

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank is ready to take new steps to make its massive stimulus programme more effective and sustainable in an upcoming review of it policy measures.

“The focus of our examination is not on lowering costs or mitigating the side-effects of our policy,” Kuroda said in a speech at an annual meeting of business lobby Keidanren.

“Instead, we’ll take a forward-looking approach in seeking ways to achieve economic and price stability with more effective monetary easing, while mitigating the side-effects,” he said.

(Reporting by Leika Kihara; Editing by Shri Navaratnam)

The post Kuroda says BOJ ready to take steps to make stimulus more sustainable first appeared on One America News Network.

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