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BOJ's Kuroda repeats vow to continue ultra-easy policy

reuters.com · 06/13/2022 01:21
BOJ's Kuroda repeats vow to continue ultra-easy policy

- Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank must maintain ultra-loose monetary policy to reflate the economy and achieve higher wages.

Kuroda, however, told parliament that Japan was not experiencing stagflation, where high inflation and economic stagnation co-exist, and was not facing the risk of sliding back into that state.


(Reporting by Leika Kihara; Editing by Tom Hogue)

((leika.kihara@thomsonreuters.com; +813-6441-1828; Reuters Messaging: leika.kihara.reuters.com@reuters.net))