BOJ's Kuroda says extra stimulus an option to boost inflation

Japan's central bank stands pat as economy is losing momentum

20190619 Bank of Japan

The Bank of Japan kept its monetary policy unchanged on June 20 despite easing signals from the U.S. and European central banks. (Photo by Wataru Ito)

MITSURU OBE, Nikkei staff writer

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda said extra stimulus would be an option if prices refuse to keep rising toward the central bank's 2% inflation target.

The BOJ "will consider extra easing measures without hesitation" if the economy runs into a situation where momentum toward reaching stable inflation is lost, Kuroda said at a news conference on June 20 in Tokyo after keeping monetary policy unchanged.

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