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Economic news

BOJ’s Kuroda vows to patiently continue powerful monetary easing

05/30/2022

Less than a minute

2022.05.30 05:45

BOJ's Kuroda vows to patiently continue powerful monetary easing
FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, December 19, 2019. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda pledged on Monday to patiently stick to powerful monetary easing to help the economy recover from the COVID-19-induced doldrums.

Kuroda also told parliament the yen was regaining stability from recent rapid weakening that was “undesirable”.

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05/30/2022

Less than a minute