Shirakawa Says BOJ May Ease Monetary Stance If Economy Weakens, Asahi Says
The Bank of Japan may further ease its monetary stance if the economy deteriorates, the Asahi newspaper reported, citing an interview with Masaaki Shirakawa, the governor of the central bank.
Shirakawa said the BOJ may increase the size of a fund created to purchase mutual funds and government bonds, the newspaper reported.
The bank will maintain its “virtual zero-rate policy” until it decides that consumer prices are likely to rise, the newspaper cites Shirakawa as saying.
To contact the editor responsible for this story: Takehiko Kumakura at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.