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ECONOMY > Finance

BOJ’s Kuroda stresses continuation of monetary easing

  • November 4, 2021
  • , Jiji Press , 6:11 p.m.
  • English Press

Tokyo, Nov. 4 (Jiji Press)–Bank of Japan Governor Haruhiko Kuroda stressed Thursday that the central bank will maintain its massive monetary easing measures even after novel coronavirus infections have subsided, in order to achieve its 2 pct inflation target.

 

He made the statement to reporters after a meeting with Japanese Prime Minister Fumio Kishida held at the prime minister’s office in Tokyo on the same day.

 

Kuroda added that he “talked with the prime minister about economic and financial situations in and outside the country.”

 

At his first meeting with Kishida since Kishida took office in early October, the two reaffirmed the government-BOJ joint statement of 2013, which set out the 2 pct inflation target.

 

Kuroda explained to Kishida the BOJ’s coronavirus measures, which include those to aid corporate financing.

 

The Japanese prime minister and the BOJ governor hold meetings regularly. The last such meeting was held on June 23 between Kishida’s predecessor, Yoshihide Suga, and Kuroda.

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