In an interview with Asahi newspaper, Bank of Japan (BoJ) Governor Kuroda said that the BoJ would ‘of course’ mull additional easing if the economy were to lose momentum toward hitting the price goal.
Key quotes (via Reuters)
- BoJ has various options available, or could combine them, if it needs to ease policy further.
- If it needs to ease further, BoJ will opt for policy that is most appropriate for economy, prices and has least side-effects.
- Inappropriate to change BoJ’s current policy framework before achieving 2% inflation.