Bank of Japan Governor Haruhiko Kuroda said on Monday there is ample room for further monetary easing including further cuts in interest rates and increased purchases of asset buying.
“Even within the current framework, there is ample room for further monetary easing … and other new ideas should not be off the table,” Kuroda said in a seminar.
The BOJ eased monetary policy in July and pledged to conduct a comprehensive assessment of the effects of its stimulus programme at this month’s rate review.