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UPDATE: MNI POLICY: BOJ Kuroda: Not A Time......>

BOJ
BOJ: UPDATE: MNI POLICY: BOJ Kuroda: Not A Time For 'Big' Policy
- Japan's economic and price conditions don't currently warrant the Bank of
Japan implementing the large-scale policies seen in 2013, Bank of Japan Governor
Haruhiko Kuroda said Monday, although he emphasized the need of maintaining the
easy policy now. "Prices have improved steadily compared with five years ago,
when the economy was suffering from deflation. Japan's economic activity and
prices are no longer in a situation where decisively implementing large-scale
policy to overcome deflation was judged as the most appropriate policy conduct,
as was the case before," Kuroda said.
- For full story see MNI Main Wire at 05:40 GMT 11/05, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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