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BOJ Kuroda: Won't Hesitate to Act

From mninews.marketnews.com

Bank of Japan Governor Haruhiko Kuroda has maintained his bright outlook for Japan's economy and prices, but says the BOJ will not hesitate to take additional easing measures if needed. "Japan's economy is likely to continue on a moderate expanding trend, as the impact of the slowdown in overseas economies on domestic demand is likely to be limited," Kuroda said at the opening of the quarter branch managers' meeting on Wednesday. In additional comments, Kuroda said: "The BOJ will adjust policy in order to keep the momentum toward achieving the price stability target." Kuroda largely repeated his previous remarks on ... (full story)

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  • Category: Fundamental Analysis