November 29, 2019 / 5:24 AM / 7 days ago

BOJ's Kuroda: there's ample room for further easing at present

FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan July 30, 2019. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday that the central bank would not hesitate to ease policy further if the momentum towards its price stability target is lost as there’s “ample room” for more easing.

Speaking at parliament’s lower house financial committee, Kuroda also said the BOJ would weigh costs and benefits if the central bank were to deploy additional easing steps.

Reporting by Tetsushi Kajimoto; Editing by Muralikumar Anantharaman

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