Economics
BOJ’s Kuroda Maximizes Flexibility Ahead of Crucial Two Months
- Governor keeps options open on review after stand pat decision
- Gloomier economic view for now, but sees stronger growth later
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Bank of Japan Governor Haruhiko Kuroda looked to keep all his options open for a policy review in March following two critical months that will likely determine whether the pandemic will ease or take a turn for the worse.
Speaking at a press briefing after the central bank left all of its main policy settings unchanged, Kuroda spent much of his time counting nothing out of the review into the mechanics of the bank’s stimulus program. The one point he insists will not change is the BOJ’s basic approach to stimulus.