BOJ’s Haruhiko Kuroda Says Bold Monetary Easing Measures Effective in Boosting Economy
18:05 JST, March 10, 2023
At a press conference following a Bank of Japan monetary policy meeting on Friday, Gov. Haruhiko Kuroda spoke about his decade at the helm of the central bank.
“Bold monetary easing measures have had the effect of boosting the economy and prices, and there’s no longer deflation in the sense of prices falling continuously,” said Kuroda, who assumed the top post at the BOJ in spring 2013.
Although critics have highlighted side effects of the decade-long easing measures, Kuroda stressed: “We have devised a variety of measures to ensure effective and sustainable monetary easing.”
"Business" POPULAR ARTICLE
-
Japan, U.S., Philippines to Strengthen Nickel Supply Chains; Reduce Reliance on China for Critical Minerals
-
Shinkansen to Have Private Rooms by FY 2026, JR Tokai Announces
-
Survey: 80% Worried About Recognizing AI as Patent Inventor; Respondents Fear Increase in Unverified Inventions
-
Ride-Sharing Services Start in Tokyo; Kanagawa, Aichi, Kyoto, Others To Follow Suit
-
Japan’s Docomo To Sell Contactless Smart Rings; Users Can Make Payments at the Wave of a Hand
JN ACCESS RANKING
- China Mutes Memorialization of Reformer Hu Yaobang; Memories Could Spark Critique of Xi Administration
- Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers
- U.S. 7th Fleet officer Arrested on Suspicion of Stealing Sushi, Sashimi, Chicken at Kanagawa Shopping Mall; Suspect Caught Mid-Meal
- UNRWA Director Describes Catastrophic Destruction in Gaza; Says Relief Trucks Robbed, ‘People’s Hearts Destroyed’
- JAL Airplane Experiences Radio Malfunction During Flight, Lands Safely By Relying on Light Signals