BOJ’s Kuroda: Will patiently continue powerful monetary easing

Bank of Japan (BOJ) Chief Haruhiko Kuroda reiterated that they “will patiently continue powerful monetary easing” while addressing the post-monetary policy decision press conference.

Additional quotes

Continues to provide easy monetary environment for firms by shifting focus from covid emergency relief to wide-ranging needs.

Must be vigilant to financial, FX market moves and their impact on japan's economy, prices.

Won't hesitate to ease monetary policy further if necessary.

Closely watching financial, FX market moves.

Weak yen impact varies on different sectors.

Market players are paying attention to interest rate differentials.

Yen weakening is one-sided.

Rapid yen moves make it difficult for companies to set business plans, negative for Japan's economy.