BOJ Kuroda stresses need to maintain ultra-easy policy

TOKYO: Bank of Japan Governor Haruhiko Kuroda on Monday stressed the importance of maintaining ultra-loose monetary policy to support the economy and prod companies to raise wages.

“Japan’s trend inflation is likely to gradually accelerate … but that will take some more time,” Kuroda told parliament.

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“Uncertainty regarding Japan’s economy is extremely high. It’s therefore important now to support the economy, and create an environment where companies can raise wages,” he said.