FILE PHOTO: Japan's Prime Minister Shinzo Abe attends a news conference on coronavirus at his official residence in Tokyo, Japan February 29, 2020. REUTERS/Issei Kato/File Photo
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank will take necessary steps to stabilise markets jolted by the coronavirus 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 that the world's biggest central banks were mustering a coordinated policy response to the crisis.
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