“After the declaration has been lifted, we will take steps to ensure that there is no difference between the local economy and the economy.” BOJ Governor May 12, 14:40
The government intends to consider canceling the emergency declaration in some of the specified vigilance prefectures and in all 34 other prefectures. The Bank of Japan Governor Kuroda expressed his desire to take appropriate measures by carefully monitoring the situation so that there would be no difference in economic conditions between the regions that will be lifted and the urban areas that will not.
President Kuroda, who attended the Finance and Finance Committee of the House of Representatives on the 12th, said about the impact on economic activity in the rural areas where the emergency declaration was canceled first and in the urban areas where it was not canceled. It is not yet known if the economic activity will revive in the remaining urban areas and that the economy will revive in the regions where it is canceled first. "
In addition, he said, "The Bank of Japan's monetary policy broadly affects the Japanese economy and finance as a whole, but it is necessary to carefully consider the regional economy and financial situation and take appropriate measures." I showed you the idea of seeing and responding.
Meanwhile, at the Monetary Policy Meeting last month, the Bank of Japan decided to make additional monetary easing for the time being in order to provide ample funds at low interest rates and to buy government bonds at the maximum level.
However, there is a point that there is a possibility that confidence in the BOJ and the public finance will be lost if interest rates continue to rise indefinitely and interest rates may skyrocket, Governor Kuroda said. Promises to never be done. "