BOJs Kuroda: Won't hesitate to add easing if needed

Omkar Godbole FXStreet Contributor

Bank of Japan's Governor Kuroda said on Thursday that the central bank is closely watching the impact of the coronavirus pandemic on the economy and will not hesitate to provide additional easing if required.

The central bank has been running a negative interest rate policy since 2016 and recently lifted caps on its asset purchases.

Key quotes

According to Reuters Kuroda said:

Although it will take time, there is no change in the bank's stance of aiming to achieve the price stability target.

Will keep current low rates, or even cut them, as it keeps eye on pandemic fallout.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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