BoJ Funo pledges to keep ultra-easy policy for time being … RTT
BoJ Funo pledges to keep ultra-easy policy for time being
(Reuters) – Bank of Japan board member Yukitoshi Funo said on Wednesday the central bank would not whittle down its massive stimulus programme for the time being, as inflation
remains distant from its 2 percent target.
He also said there were various uncertainties for the overseas economic outlook, including protectionism and its impact on global demand.
“Particularly uncertain is the outlook of each country’s trade policy, which warrants attention,” Funo said in a speech to business leaders in Kochi, western Japan.