BOJ Kuroda sys ready to ease without hesitation if inflation target threatened

MACROECONOMICS - TOKYO. Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank would ease policy further without hesitation if the momentum toward it 2% inflation target came under threat.

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He was speaking at an annual meeting of Japan’s largest business lobby, Keidanren.

The central bank last week left its target for short-term rates at -0.1% and that for 10-year bond yields around 0%, and it stuck to its assessment that Japan’s economy continues to expand moderately as a trend.