BOJ Kuroda: BOJ must maintain easy policies to help the economy recover from the pandemic

Bank of Japan Governor Kuroda speaking:

• BOJ must maintain easy policy to support economy, which is in midst of recovering from pandemic's impact
• BOJ, govt policies complement each other
• Govt, BOJ are in close contact on policy through various direct, and indirect channels
• I do not think our monetary policy decisions, made collectively by the Bank of Japan board, are incorrect
• We are aiming to achieve our price target in a stable manner, accompanied by steady wage hikes

• rising imports are main factor in current inflation

---

Bank of Japan Governor Kuroda's comments reiterating super-easy policy reported right as USD/JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term falls. Not much sign of co-ordination going on!