BOJ’s Kuroda: Will continue to patiently sustain powerful monetary easing

Dhwani Mehta FXStreet

Additional headlines are crossing the wires, via Reuters, as the Bank of Japan (BOJ) Governor Haruhiko continues to express his take on the monetary policy.

BOJ’s policy means may have become somewhat complex as it seeks to sustain easing for a prolonged period while looking after side effects.

BOJ will continue to patiently sustain powerful monetary easing to achieve its mandate of price stability.

The near-term focus is to respond to the impact of a pandemic on the economy.

Japan's economic activity to remain below pre-pandemic levels for time being.

Regional banks have sufficient capital buffers but face worsening business environment due to pandemic.

USD/JPY eyes deeper losses below 109 amid subdued dollar

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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