- BoJ's governor Kuroda: BoJ won't hesitate to do whatever it takes as a central bank if necessary
Market news
5 August 2020
BoJ's governor Kuroda: BoJ won't hesitate to do whatever it takes as a central bank if necessary
- BoJ will closely monitor impact of the coronavirus on the economy and won't hesitate to do whatever it takes as a central bank if necessary
- Important to continue to provide support for financing and maintaining stability in financial markets
- Must be vigilant that liquidity risk will lead to a solvency problem
- Spread of COVID-19 has not subsided globally, and domestic and overseas economies have remained in extremely severe situations
- Despite extremely high uncertainties, domestic and overseas economies are likely to improve gradually from H2
- Pace of improvement in domestic, overseas economies is expected to be only moderate
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