Kuroda signals Bank of Japan not done yet in combating risks from virus outbreak


  • World
  • Wednesday, 18 Mar 2020

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the central bank will ease monetary policy again if the economy worsens further due to the fallout from the coronavirus epidemic, keeping alive expectations for additional stimulus as early as next month.

The BOJ ramped up purchases of risky assets and created a new programme to deal with corporate funding strains in an emergency meeting on Monday, joining other major central banks in efforts to prevent a global recession.

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 World

Young Europeans are spending money in the metaverse
North Korea accuses US of politicizing human rights issues
This exoskeleton can boost your physical capabilities
This AI-focused chip is powered by light
Study warns users about health information on TikTok
Canada's British Columbia calls off drug decriminalization pilot project
3 killed after building collapses in north Nigeria
Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
Chinese company to build photovoltaic factory in Saudi port
Nearly 23 pct of Canadian population reported food insecurity in 2022

Others Also Read