TOKYO -- Japan's central bank chief ruled out tightening monetary policy anytime soon as the central bank announced it will wrap up some of its emergency COVID monetary stimulus measures during a two-day policy meeting that ended on Friday.
Haruhiko Kuroda, governor of the Bank of Japan, said in a news conference that Japan's consumer inflation still hovers around 0.5% even after one-off factors such as across-the-board reductions in mobile phone rates in April are taken into consideration.