BoJ’s Kuroda: Must maintain ultra-easy policy to support economy

Bank of Japan (BoJ) Governor Haruhiko Kuroda told the Japanese parliament on Friday, the “BoJ must maintain the ultra-easy policy to support the economy and create an environment for firms to hike wages.”

The central bank chief said that he “expects wages to rise quite significantly due to a very tight job market.”

Market reaction

USD/JPY was last seen trading at 128.57, down 0.07% on the day.