Fukui says BOJ stance is to act preemptively

The Bank of Japan acted in what was described as a pre-emptive strike on Tuesday May 29 easing monetary policy in a bid to raise its target for banks' excess reserves to around 27-30 trillion yen.

Source: Reuters

Bank of Japan Governor Toshihiko Fukui said after the central bank eased its monetary policy on Tuesday that its stance was to act preemptively.

Fukui told a news conference he did not see fears emerging of financial instability. The Bank of Japan said at the end of a board meeting earlier

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.