BoJ's Kuroda: Loose fiscal discipline could weaken effects of monetary easing

FXstreet.com (Barcelona) - Following the Bank of Japan's meeting at which monetary policy was kept unchanged, Governor Haruhiko Kuroda said that restoring the country's financial health should be top priority for PM Shinzo Abe's government.

"If fiscal discipline loosens, that may indirectly diminish the impact of the BOJ's monetary easing," Kuroda told reporters on Thursday.

The BoJ head assured that adequate action would be taken should the central banks's price target come under tail risk.