• BOJ governor Kuroda: It is not necessary to cut rates further now

Market news

14 May 2020

BOJ governor Kuroda: It is not necessary to cut rates further now

  • But there is still room to cut rates further if needed

  • BOJ will not hesitate to ease further if needed

  • BOJ has many tools, measures to deploy if needed

  • Does not think that price target will be met soon

  • BOJ may have to continue easing in the coming years

  • Financial system remains stable

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