Japan's Suga signals ultra-easy monetary policy to continue


  • World
  • Saturday, 05 Sep 2020

FILE PHOTO: Yoshihide Suga, Japan's Chief Cabinet Secretary and ruling Liberal Democratic Party (LDP) lawmaker, speaks during a news conference to announce his candidacy for the party's leadership election, in Tokyo, Japan September 2, 2020. REUTERS/Issei Kato

TOKYO (Reuters) - Japan's Chief Cabinet Secretary Yoshihide Suga, a frontrunner to be the next prime minister, said he would like the central bank to continue its ultra-loose monetary policy as the economy is still struggling with the impact of the coronavirus pandemic.

In an interview that ran on Saturday in the Nikkei newspaper, Suga also said he would consider compiling another economic stimulus package by the end of this year to "put the pandemic to an end and shift the economy to a new stage."

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