• Haruhiko Kuroda said on Thursday that the central bank would ease policy.
  • He was speaking at an annual meeting of Japan's largest business lobby.
  • The central bank last week left its target for short-term rates at -0.1pc and that for 10-year bond yields around 0pc.

TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank would ease policy further without hesitation if the momentum towards it 2pc inflation target came under threat.

He was speaking at an annual meeting of Japan's largest business lobby, Keidanren.

The central bank last week left its target for short-term rates at -0.1pc and that for 10-year bond yields around 0pc, and it stuck to its assessment that Japan's economy continues to expand moderately as a trend.