- But ongoing Island dispute with China had no bearing on today’s decision
- Doesn’t think BOJ’s policy is any less bold than the Fed’s
- Europe’s debt crisis remains the biggest problem and threat to the Japanese economy
- Has downgraded main scenario for outlook of Japan’s economy
- BOJ will remove floor rate for ‘Rinban operations ‘ (bond buying which targets level of bank reserves)
- US economic outlook remains uncertain
The central bank governor was speaking to reporters in Tokyo