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Japan central bank keeps policy steady, Kuroda likely to flag distant stimulus exit

Reuters  |  TOKYO 

By Leika Kihara and Stanley WhiteTOKYO (Reuters) - Japan's central bank kept monetary settings unchanged on Friday and stuck to its upbeat view on the economy, underscoring its conviction that its massive stimulus programme is helping drive inflation toward its elusive target.With fears of a global trade war and a strong yen clouding the outlook, however, Bank of Japan Governor Haruhiko Kuroda is likely to use his post-meeting briefing to reassure markets the central bank is in no rush to dial back ultra-easy policy."Japan's economy is expanding moderately, with a virtuous cycle from income ...

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First Published: Fri, March 09 2018. 13:41 IST