Bank of Japan governor: Will maintain ultra-loose monetary policy to support economic recovery

2022-04-27 0 By

Bank of Japan Governor Haruhiko Kuroda reiterated on Friday that the central bank would maintain its ultra-loose monetary policy to support the economy’s recovery from the coronavirus pandemic.”In Japan, nominal wages have not increased much.Unless wages rise in line with prices, it is difficult to see inflation sustainably reaching our 2 per cent target, “Mr Kuroda told parliament.