BOJ governor stresses need to maintain ultra-easy policy

BOJ governor stresses need to maintain ultra-easy policy

Business

BOJ Kuroda stresses need to maintain ultra-easy policy

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday stressed the importance of maintaining ultra-loose monetary policy to support the economy and prod companies to raise wages.

"Japan s trend inflation is likely to gradually accelerate ... but that will take some more time," Kuroda told parliament.

"Uncertainty regarding Japan s economy is extremely high. It s therefore important now to support the economy, and create an environment where companies can raise wages," he said.