Bank of Japan Open to Increasing Stimulus if Appreciating Yen Stifles Economy

Posted on 02/25/2019


Bank of Japan Governor Haruhiko Kuroda announced that he is prepared to increase stimulus if a rise in the yen stifles the economy and prevents the BOJ’s 2% inflation target from occurring. The BOJ stands apart from other central banks worldwide, including the U.S. Federal Reserve, which are in a interest rate raising cycle. The […]