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Forex News

BOJ’s Kuroda vows to keep ultra-easy monetary policy

05/20/2022

Less than a minute

2022.05.20 17:16

BOJ's Kuroda vows to keep ultra-easy monetary policy
FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan July 30, 2019. REUTERS/Kim Kyung-Hoon/File Photo

BONN, Germany (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Friday repeated the bank’s resolve to maintain its ultra-easy monetary policy, saying the country’s inflation was unlikely to accelerate faster than it projected last month.

“I explained to my Group of Seven counterparts that we will patiently continue with our powerful monetary easing,” Kuroda told a news conference after attending the G7 finance leaders’ gathering in Germany.

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05/20/2022

Less than a minute