Kuroda brushes aside view BOJ has run out of tools to ease monetary policy

Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank was ready...

FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda delivers a keynote speech at a G20 symposium on demographic change in Tokyo, Japan January 17, 2019. REUTERS/Issei Kato

“It might be the case that central banks have less room to cut interest rates than before. But that doesn’t mean central banks have no ammunition left to respond to financial developments,” Kuroda told a news conference after the Group of 20 finance leaders’ meeting.Kuroda also said he has no plans now to change the central bank’s forward guidance, or the message it sends to signal its policy intentions to financial markets.

“I think that stance is understood well by market players. In that sense, our forward guidance is showing its intended effect,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BOJ Kuroda: Inflation pick-up must be accompanied by wage hikesBank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank was se...
Read more »

Kuroda brushes aside view BOJ has run out of tools to ease monetary policyBank of Japan Governor Haruhiko Kuroda said on Friday the central bank was ready...
Read more »

Bank of Japan's Kuroda vows to continue 'powerful' easingBank of Japan Governor Haruhiko Kuroda vowed on Wednesday to continue the centra...
Read more »

BOJ's Kuroda sticks to view Japan's economy expanding moderatelyBank of Japan Governor Haruhiko Kuroda said on Monday the country's economy...
Read more »

BOJ offers bleakest view in six years on Japan's regional economiesThe Bank of Japan on Monday cut its assessment for three of the country's n...
Read more »

Kuroda brushes aside view BOJ has run out of tools to ease monetary policyBank of Japan Governor Haruhiko Kuroda said on Friday the central bank was ready...
Read more »

BOJ's Kuroda sticks to view Japan's economy expanding moderatelyBank of Japan Governor Haruhiko Kuroda said on Monday the country's economy...
Read more »

BOJ Kuroda: Inflation pick-up must be accompanied by wage hikesBank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank was se...
Read more »

Bank of Japan's Kuroda vows to continue 'powerful' easingBank of Japan Governor Haruhiko Kuroda vowed on Wednesday to continue the centra...
Read more »