Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank will sc...
CHANTILLY, France - Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank will scrutinise economic developments until the last minute in deciding policy this month, suggesting that whether to stand pat or increase stimulus will be a close call.
After attending a Group of Seven finance chiefs’ gathering in Chantilly, north of Paris, Kuroda said he felt the group now expect the timing of a pick-up in global growth to be delayed “somewhat” given looming downside risks. Aside from debating monetary decisions, the BOJ will issue at the July meeting new quarterly economic and inflation projections that serve as a basis for future policy decisions.
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