TOKYO: Bank of Japan (BoJ) governor Haruhiko Kuroda says the central bank will take necessary steps to stabilise markets jolted by the coronavirus (Covid-19) outbreak, bolstering speculation about coordinated global policy action.
Kuroda’s comments, made in an emergency statement just days after a similar move by Federal Reserve chair Jerome Powell, were welcomed by markets as a signal the world’s biggest central banks were mustering a coordinated response to the crisis.
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