BOJ's Kuroda repeats resolve to maintain massive stimulus

By Kitco News / January 14, 2018 / www.kitco.com / Article Link

TOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably.

"Japan's financial system remains stable and monetary conditions are very accommodative," Kuroda said in a speech at a quarterly meeting of the bank's regional branch managers.

"The BOJ will maintain its stance of expanding monetary base until inflation stably overshoots 2 percent," he said.


(Reporting by Leika Kihara; Editing by Chris Gallagher)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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