TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday stressed the importance of maintaining ultra-loose monetary policy to support the economy and prompt firms to raise wages.
“Trend inflation in Japan may gradually accelerate … but it will take more time,” Kuroda told parliament.
“Uncertainty in Japan’s economy is very high. It is therefore important now to support the economy and create an environment where companies can raise wages,” he said.
