ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

BOJ chief reiterates loose monetary policy despite global inflation

Kuroda says current yen level is positive for Japan's economy

BOJ Gov. Haruhiko Kuroda said at a news conference on Jan. 18 that Japan's central bank will maintain its loose monetary policy "until after consumer inflation stably exceeds 2%." (Pool photo)

TOKYO -- The Bank of Japan chief on Tuesday reiterated the central bank's commitment to maintaining ultraloose monetary policy, even as other central banks begin backing away from monetary stimulus in the face of rising commodity inflation.

"We will keep our monetary policy loose until after consumer inflation stably exceeds 2%," Gov. Haruhiko Kuroda said at a news conference following the bank's two-day policy board meeting, in which it decided to maintain its easy-money stance. "We are not thinking about changing our easy monetary policy or having any such discussion," Kuroda said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more