BOJ's Noguchi: Must maintain pandemic-relief lending programmes

The Bank of Japan (BOJ) monetary policy board member Asahi Noguchi is back on the wires now, via Reuters, commenting on the central bank’s policy outlook.

Key takeaways

BOJ must maintain pandemic-relief lending programmes as long as there is a risk of another wave of covid infections.

When withdrawing pandemic-relief support, must ensure the move does not hamper the BOJ effort to hit  the 2% price goal.

BOJ may have little choice but to extend pandemic-relief support unless it becomes clear Japan’s economy can return to a pre-pandemic state.

developing story ...