Economics
Shirakawa Says BOJ Ready to Act, Defends BOJ Law
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Bank of Japan Governor Masaaki Shirakawa said today the central bank is closely watching the effect on the economy of the yen’s appreciation, and is prepared to take “appropriate action” if needed.
“We are ready to implement appropriate action in a timely manner if judged necessary,” Shirakawa said today at a forum hosted by the Japan Society of Monetary Economics in Kobe, western Japan.