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BoJ's Kuroda: Will continue powerful monetary easing to help economy recover from covid-induced slump

The Bank of Japan's governor Haruhiko Kuroda said that the central bank will continue powerful monetary easing to help the economy recover from a covid-induced slump.

Key quotes

  • Rapid yen moves seen until recently undesirable.
  • FX market regaining stability.
  • A quarter of import price gains in April was caused by yen weakening s caused by yen weakening.

More to come...

RBNZ confident it can guide the economy to a “soft landing” even as it raises interest rates aggressively

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