Bank of Japan board member Yukitoshi Funo: the central bank is ready to add further stimulus measures if risks to the economy increase

Market news

23 March 2016

Bank of Japan board member Yukitoshi Funo: the central bank is ready to add further stimulus measures if risks to the economy increase

Bank of Japan (BoJ) board member Yukitoshi Funo said on Wednesday that the central bank was ready to add further stimulus measures if risks to the economy increase. He added that there was limit to interest rate cuts.

Funo noted that further stimulus measures will depend on the economic data.

Funo voted for negative interest rate at the January monetary policy meeting.

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