Economics

BOJ’s Kuroda Says Will Act If Needed Amid High Virus Uncertainty

  • Central bank chief flags renewed nervousness in markets
  • Kuroda speaks after stand-pat decision, lowering FY20 GDP view
Photographer: Akio Kon/Bloomberg
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Bank of Japan Governor Haruhiko Kuroda said he stands ready to act if needed amid heightened uncertainty over a resurgence in the pandemic though he still doesn’t see a pressing need to extend or change existing virus-response measures.

Speaking after keeping policy on hold and cutting a growth forecast for the current fiscal year, Kuroda said the BOJ’s measures had helped an economy that is digging itself out of a severe predicament.