Kuroda Says New Ideas Not Off Table as BOJ Reviews Policy

  • Rejects any reduction in the scale of monetary stimulus
  • Reiterates that there’s scope to ease further if needed

Kuroda Says New Ideas Not Off the Table

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Bank of Japan Governor Haruhiko Kuroda declined to rule out new initiatives to stoke inflation as the central bank conducts a comprehensive review of its policies and their effectiveness.

Kuroda emphasized in a in Tokyo Monday that the review, to be completed by the Sept. 20-21 board meeting, won’t result in any reduction in monetary stimulus, as is "being called for by some market participants."