BOJ’s Sakurai: Policy easing is exerting the intended effects

The Bank of Japan’s (BOJ) monetary policy easing is exerting the intended effects on the economy, policymaker Makoto Sakurai said on Wednesday.

The BOJ will strive to aid corporate funding and maintain market stability, Sakurai added.

Further comments

“Must take swift, appropriate action as needed if the economy's recovery is delayed due to pandemic.”

“Monetary policy only has an indirect impact on stimulating the economy via financial institutions.”