BOJ's Kuroda says prolonged monetary easing could hurt financial institutions
|Bank of Japan's (BOJ) governor Kuroda on Thursday said that the central bank must stay vigilant prolonged monetary easing could weigh on financial institutions and hurt financial intermediation.
Key quotes
- BOJ is internally studying the effect of changes in rates.
- No signs now banks are taking excessive risk.
- Inflation to gain momentum as the GDP gap remains positive.
- Wage growth somewhat weak given tight labor market.
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