Bank Of Japan Governer Kuroda Stresses Need To Maintain Ultra-Easy Policy

Bank of Japan Governor Haruhiko Kuroda stressed the importance of maintaining ultra-loose monetary policy to support the economy and prod companies to raise wages, Reuters reported.

“Japan’s trend inflation is likely to gradually accelerate … but that will take some more time,” Kuroda told parliament.

“Uncertainty regarding Japan’s economy is extremely high. It’s therefore important now to support the economy, and create an environment where companies can raise wages,” he said.

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