BOJ’s priority is to support economy with monetary easing -Kuroda By Reuters

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© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank’s top priority was to support the economy by maintaining its “powerful” monetary stimulus.

“Japan is absolutely not in a situation that warrants monetary tightening, as the economy is still in the midst of recovering from the pandemic’s impact,” Kuroda said in a speech.

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