Kuroda Says Monetary Policy Goals Will Not Be Revised

The Governor of the Bank of Japan (BoJ), Haruhiko Kuroda, has said that the central bank will not review monetary policy objectives, in his opening remarks at the press conference after the monetary policy meeting scheduled for Friday.

Additional comments:

Yield curve control works properly.

Various steps will be evaluated, such as managing the yield curve control and purchasing assets.

I know will make monetary policy even more flexible without hesitation as necessary.

The business financing situation remains dire.

The BoJ’s regional banking program aims to stabilize the financial system, do not target monetary policy.

You will not change the control of the yield curve under the QQE framework.

It is wrong to think that the extension of the corporate finance program will prolong the “zombie” companies.

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