Market news
05.08.2020, 12:40

BoJ's governor Kuroda: BoJ won't hesitate to do whatever it takes as a central bank if necessary

  • BoJ will closely monitor impact of the coronavirus on the economy and won't hesitate to do whatever it takes as a central bank if necessary
  • Important to continue to provide support for financing and maintaining stability in financial markets
  • Must be vigilant that liquidity risk will lead to a solvency problem
  • Spread of COVID-19 has not subsided globally, and domestic and overseas economies have remained in extremely severe situations
  • Despite extremely high uncertainties, domestic and overseas economies are likely to improve gradually from H2
  • Pace of improvement in domestic, overseas economies is expected to be only moderate

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