BOJ Governor “No need to change policy immediately” Maintaining monetary easing policy September 19 16:56
The BOJ President Kuroda said at the monetary policy decision meeting on the 19th that the decision to maintain the current monetary easing policy is as follows. Is true, but consumption is firm and the plan for capital investment is solid. " In addition, he said, “We have determined that the economy is in recession and momentum for price stability is not compromised at this point,” indicating that there is no need to change policy immediately. .
Attempt to take additional mitigation if necessary
Kuroda said the possibility of taking further monetary easing measures in the future is as follows: “If you ask if you are more positive than the previous meeting in July. “I think it is,” he said.
On top of that, compared to the ECB, which cut the interest rate for the first time in three and a half years last week, compared with the ECB that cut the interest rate to minus 0.5%, I think there is plenty of room for monetary easing. "
“The next time you need to consider more carefully”
Kuroda said at the next meeting next month whether he suggested that the policy to check economic and price trends suggests that additional mitigation measures should be taken. Not, because the momentum towards the price stability target is likely to be compromised through the slowdown of the global economy since the last meeting, so we need to consider it more carefully next time. ”