BOJ Kuroda: No plan to cut rates further now
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday he is not thinking about pushing interest rates further into negative territory now.
"The economy is a living thing, so we'll always scrutinise risks and won't hesitate to adjust policy if necessary to achieve our price target," Kuroda told parliament.
The BOJ stunned markets by adopting a negative interest rate policy in January to reflate the economy out of stagnation and achieve its ambitious 2 percent inflation target.
(Reporting by Leika Kihara and Stanley White; Editing by Chris Gallagher)
