Easy Money Policies to Continue Post-COVID: Japan’s Central Bank Chief

Easy Money Policies to Continue Post-COVID: Japan’s Central Bank Chief
Bank of Japan Governor Haruhiko Kuroda speaks at an event at the International Monetary Fund headquarters in Washington, on July 22, 2019. Alastair Pike/AFP/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The head of Japan’s central bank told local outlet Nikkei on Sept. 8 that accommodative monetary policy would continue even after the pandemic subsides in a bid to hit a 2 percent inflation target, a goal that has been undershot for years.

Haruhiko Kuroda, Governor of the Bank of Japan, said that the central bank’s yield curve control policy would remain in place even if fiscal policy becomes more expansionary, according to Nikkei.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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