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MNI BRIEF: BOJ's Kuroda To Act If Sharp Downturn Materialises

(MNI) Tokyo
MNI (Osaka)

Bank of Japan Governor Haruhiko Kuroda said on Monday that the BOJ will undertake additional easing if downside risks to the economy materialise without elaborating on possible policy responses.

“The risk of global economic deceleration is strengthening. If the global economy worsens sharply, Japan’s economy will be hit by it. We will take additional easy policy if such a risk materialises,” Kuroda told business leaders in a question and answer session.

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Bank of Japan Governor Haruhiko Kuroda said on Monday that the BOJ will undertake additional easing if downside risks to the economy materialise without elaborating on possible policy responses.

“The risk of global economic deceleration is strengthening. If the global economy worsens sharply, Japan’s economy will be hit by it. We will take additional easy policy if such a risk materialises,” Kuroda told business leaders in a question and answer session.

Keep reading...Show less