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The Bank of Japan (BOJ) Governor Haruhiko Kuroda reiterated the central bank’s readiness to implement additional easing measures, if needed, without any hesitation while speaking before the parliament on Tuesday.

Key quotes

“Overseas economy expected to pick up but pace likely to stay moderate.”

“Japan’s economy picking up as exports, output increase reflecting overseas recovery.”

“Japan’s economy expected to improve as a trend but pace will be moderate due to caution over COVID-19.”

“BOJ is ready to take additional easing steps without hesitation.”

“Risks to Japan’s prices are skewed to the downside due to high uncertainty over the impact of coronavirus.” 

 

more to come ….

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