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MNI BRIEF: BOJ Unconcerned by Govt Interest Payments - Kuroda

(MNI) Tokyo
(MNI) TOKYO

Bank of Japan Governor Haruhiko Kuroda said on Friday that concern over an increase in the government’s interest payment that may follow a rise in interest rates will not impede BOJ’s approach to a potential normalisation of monetary policy.

Kuroda told lawmakers that if the 2% price target in a stable and sustainable manner is achieved, the BOJ of course will move toward an exit from powerful easy policy.

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Bank of Japan Governor Haruhiko Kuroda said on Friday that concern over an increase in the government’s interest payment that may follow a rise in interest rates will not impede BOJ’s approach to a potential normalisation of monetary policy.

Kuroda told lawmakers that if the 2% price target in a stable and sustainable manner is achieved, the BOJ of course will move toward an exit from powerful easy policy.

Keep reading...Show less