Bank of Japan Governor Kuroda "I want to ensure market stability through policy implementation" March 17, 19:30
On June 16, Kuroda decided on a budget committee meeting in the House of Councilors on Tuesday that the Bank of Japan decided on additional monetary easing to halt the economic downturn caused by the spread of the new coronavirus. Emphasized the idea of ensuring stability in the country.
`` I do not say that monetary policy can do everything, but I believe that it has a role as a central bank and that it is a necessary and important measure, '' Kuroda said on Monday. We want to ensure market stability by implementing our policies firmly. "
He added, "If the economy worsens, we will consider additional measures," he said.
"I would refrain from mentioning specific financial measures, but the government should curb the spread of the disease and end it. In the meantime, if employment or wages are lost, low-income I think it is necessary to provide assistance to people. "He said that in order to stop the economic downturn caused by the spread of infection, financial measures as well as monetary policy would need to be taken by the government.