Nishimura Says Bank of Japan Ready to Ease Further If Necessary
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Bank of Japan Deputy Governor Kiyohiko Nishimura said the central bank is ready to implement additional easing if necessary, fueling speculation that further loosening is likely this month.
“The bank is committed to implementing additional easing measures, if deemed necessary,” Nishimura said in a speech today in Okayama, western Japan. “It is vital to make efforts both to firmly support the recently observed upward momentum toward economic recovery and to strengthen growth potential.”