BOJ’s Kuroda repeats resolve to maintain massive stimulus

FAN Editor
Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, December 21, 2017. REUTERS/Issei Kato

January 15, 2018

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank’s resolve to maintain its massive stimulus program until 2 percent inflation is achieved stably.

“Japan’s financial system remains stable and monetary conditions are very accommodative,” Kuroda said in a speech at a quarterly meeting of the bank’s regional branch managers.

“The BOJ will maintain its stance of expanding monetary base until inflation stably overshoots 2 percent,” he said.

(Reporting by Leika Kihara; Editing by Chris Gallagher)

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