Bank of Japan Governor Haruhiko Kuroda: The Bank of Japan will act without hesitation

Market news

29 August 2016

Bank of Japan Governor Haruhiko Kuroda: The Bank of Japan will act without hesitation

- The Bank of Japan will act "without hesitation" to revive inflation.

- The recent decline in inflation could mean that inflation expectations have not yet fixed the target level of 2%

- The Bank of Japan will approve or more quantitative easing or reduction of negative interest rates without hesitation.

- The Bank of Japan will continue to closely study the risks and take additional measures.

- Combining quantitative easing and negative rates the bank has a strong action scheme and will act decisively.

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