Japan does not need more large-scale stimulus to avoid deflation – Kuroda

Haruhiko Kuroda
Haruhiko Kuroda: “…necessary to persistently continue with the current powerful monetary easing”
European Central Bank

The Japanese economy does not require additional major accommodative measures to avoid deflation, Bank of Japan (BoJ) governor Haruhiko Kuroda said in a speech today (November 5).

“Japan’s economic activity and prices are no longer in a situation where decisively implementing a large-scale policy to overcome deflation was judged as the most appropriate policy conduct, as was the case before,” he said.

After more than two decades of stagnant growth and prices, Kuroda implemented negative

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: