Bank has various tools left to ease policy again – BOJ’s Kuroda

FXStreet (Mumbai) - In an interview given to Mainichi Daily that ran on Thursday, Bank of Japan (BOJ) Governor Haruhiko Kuroda said the banks has various tools left it it were to expand its monetary stimulus again.

The Governor expressed expand stimulus again if needed to meet its 2% price target, and ruled out the probability of the bank lowering its commitment to hit its inflation target in the fiscal year beginning in April. However, markets are skeptical the bank will hit its inflation target within the decided time frame.