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

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

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

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)

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.

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