Bank of Japan’s Kuroda vows to continue ‘powerful’ easing

BOJ Governor Kuroda attends a news conference in Tokyo
FILE PHOTO – Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan December 20, 2018. Mandatory credit Kyodo/via REUTERS

April 10, 2019

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda vowed on Wednesday to continue the central bank’s “powerful” monetary easing to achieve its 2 percent inflation target, while urging the government to win market confidence in its fiscal management.

Kuroda also told parliament that he saw no problems with long-term government bond yields moving at slightly negative rates due to risk aversion among investors globally.

(Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)

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