MNI BRIEF: BOJ To Keep Easy Policy To Support Economy - Kuroda

Bank of Japan Governor Haruhiko Kuroda said on Monday that the BOJ should continue with monetary easing and help firms support economic activity.

“By doing so, it aims to provide a favorable environment for firms to raise wages and to achieve the price stability target in a sustainable and stable manner,” Kuroda told business leaders in Nagoya City. (See MNI BRIEF: BOJ To Discuss Exit If 2% Target Sustained - Kuroda)

Kuroda also said, “There have been extremely high uncertainties for economic and price developments at home and abroad and for financial market developments.”

“The BOJ will closely examine the outlook for economic activity and prices, as well as the upside and downside risks to the outlook. Based on the assessment, it will conduct appropriate monetary policy.”