BOJ’s Kuroda: Japan rates will stay low even under expansionary fiscal policy

The Bank of Japan (BOJ) Governor Haruhiko Kuroda told the Nikkei newspaper on Wednesday, that he will continue to advocate an easy monetary policy stance even if the covid risks ease.

Key quotes

BOJ will continue its persistent stance when it comes to monetary easing.

That will be the case even after the COVID-19 pandemic abates, until inflation hits 2%.

There is strong uncertainty regarding impact of infections.

If necessary, BOJ will take additional easing steps without hesitation.

BOJ not considering stopping buying or selling ETFs.

more to come ...