BoJ’s Kuroda: Must maintain ultra-easy policy to support economy

Dhwani Mehta FXStreet

Bank of Japan (BoJ) Governor Haruhiko Kuroda told the Japanese parliament on Friday, the “BoJ must maintain the ultra-easy policy to support the economy and create an environment for firms to hike wages.”

The central bank chief said that he “expects wages to rise quite significantly due to a very tight job market.”

Market reaction

USD/JPY was last seen trading at 128.57, down 0.07% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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