Bank of Japan Governor: Loose Financial Conditions and Stimulus Policies are Boosting Japan’s Economy

Bank of Japan Governor Kazuo Ueda said the effects of loose monetary policy and economic stimulus measures are supporting the Japanese economy.

Japan’s economy will continue to recover moderately, mainly supported by loose financial conditions and the effects of economic stimulus measures.

The uncertain outlook for the Japanese economy is extremely high.

We are paying close attention to the impact of the financial and foreign exchange markets on the Japanese economy and prices.

We will patiently continue to implement monetary easing policy under the guidance of the bond yield curve control policy to support the economic activity and wage growth cycle.

We have not yet reached a situation where we can achieve our price targets sustainably, stably and with full certainty.

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