There is a "sufficient chance" the Bank of Japan will add to its unprecedented easing at next month's policy meeting, Gov. Haruhiko Kuroda said in a recent interview published in the Sankei newspaper.
The BOJ won't hesitate to act based on discussions on the results of a comprehensive review at its Sept. 20 and 21 board meeting, Kuroda said in the article published Saturday. The bank will publish the results of the review, the first of its kind since Kuroda took over as governor in March 2013, when it releases its policy statement at the meeting, he said.
Board members will discuss the economy and financial situation based on the comprehensive review, and if needed will take further easing steps without hesitation, Kuroda said in the interview. The governor regularly says the central bank won't hesitate to add stimulus when needed, but he appears to be moving beyond his usual phrasing by saying there is "sufficient chance" of more easing.
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