BOJ's Kuroda: To continue persistent monetary easing even after COVID-19 pandemic

Author: Justin Low | Category: Central Banks

Remarks by BOJ governor, Haruhiko Kuroda, in an interview

Kuroda
  • BOJ will continue persistent stance when it comes to monetary easing
  • That will be the case even after COVID-19 pandemic abates, until inflation hits 2%
  • There is strong uncertainty regarding impact of infections
  • If necessary, BOJ will take additional easing steps without hesitation
  • BOJ not considering stopping buying or selling ETFs
  • Full interview
At this point, what else is new when it comes to the BOJ? Am I right?

I mean regardless whether or not we are in a pandemic situation, the BOJ has no room to maneuver whatsoever when it comes to policy and the goal of achieving 2% inflation is nothing but a pipe dream and will stay that way for many more years to come at least.
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