Bank of Japan Governor Haruhiko Kuroda on Thursday endorsed government plans to ...
TOKYO - Bank of Japan Governor Haruhiko Kuroda on Thursday endorsed government plans to compile a fiscal spending package for disaster relief and measures to help the economy stave off heightening global risks.
“At the same time ... fiscal space for Japanese government is somewhat limited, so wise spending is required,” he said. Kuroda said a mix of fiscal and monetary stimulus measures was a standard way to support the economy, and something the BOJ was already doing by keeping borrowing costs low under its yield curve control policy.
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