BOJ’s Kuroda expects recovery as COVID wanes
Written by tokyoclub on July 7, 2021
The Bank of Japan Governor has expressed optimism about the country’s economy going forward. He believes continued monetary easing and stimulus will support a recovery as the effects of the pandemic wane.
At an online meeting of the BOJ’s regional branch managers, Kuroda Haruhiko said the domestic economy is picking up despite the ongoing impact of the coronavirus.
Kuroda noted that some companies have difficulty securing funds, but he said the overall monetary environment is accommodating.
He indicated that the central bank will take additional easing measures without hesitation if necessary.