BoJ may ease policy for 'some time' to slay deflation


JACKSON HOLE, Wyo: The Bank of Japan may have to pursue its aggressive monetary policy easing for "some time" to fully vanquish deflation, BoJ Governor Haruhiko Kuroda said on Saturday.

Speaking at a global central banking conference here, Kuroda said the central bank's efforts to overcome deflation by stimulating Japan's economy with large-scale asset purchases was proving effective.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Legacy Credit emerges as substantial shareholder in VCI Global
Fajarbaru wins RM252mil contract from WCT
Axis-REIT disposes of property in Johor for RM162mil
Data centres make up the bulk of RM144.7bil in approved digital investments
Tengku Zafrul: 2,214 EV Charging stations installed, Miti maintains 10,000 target by 2025

Others Also Read