TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank will not hesitate to adjust monetary policy if risks threaten the achievement of its price target.
He also said the world's third-largest economy will continue recovering moderately with the pain from a sales tax hike in April seen gradually subsiding.
"Exports will gradually increase reflecting improvements in the global economy," Kuroda told an annual meeting of securities firms.
Data released on Thursday showed Japanese exports declined in August as shipments to the United States contracted, another sign the economy is struggling to rev up after a deep slump in April-June.
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