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Economy

BOJ Kuroda vows to maintain easing to support Japan economy

Central bank chief promises close policy coordination with new government

Bank of Japan Gov. Haruhiko Kuroda touted role of monetary stimulus in supporting the economy during the coronavirus pandemic at a news conference on Sept. 17. (Pool photo) 

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda vowed on Thursday to maintain the central bank's monetary stimulus to support a budding economic recovery from the coronavirus-induced recession.

Kuroda stressed the effectiveness of the monetary stimulus in supporting the economy. "The financial markets are no longer in a tense condition, as they once were, even though there is still some nervousness," Kuroda said at a news conference following the bank's two-day monetary policy meeting.

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