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MNI BRIEF: Kuroda: Other Major CBanks Won’t Affect BOJ Policy

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda said on Friday that monetary policy decisions by other major central banks will not affect the BOJ’s monetary policy.

“Each central bank is managing monetary policy based on its own economic and price development,” Kuroda told reporters, adding that includes the achievement of price stability targets.

Kuroda also said that monetary policy stances by the U.S. Fed and the European Central Bank don’t necessarily cause a weaker yen. “Even if the yen weakens a bit, it will not have big negative impact on Japan,” judging from current conditions, Kuroda said.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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